News Code : 43669

Petrotahlil :Chevron Phillips Chemical's Cedar Bayou, Texas, cracker experienced flaring Wednesday in its Ethylene Unit EU-1594, the company said in a state regulatory filing Wednesday evening.

Two acetylene reactors were shut down due to instrumentation issues, which resulted in the reactors being cleared to flare, the company said in a filing with the Texas Commission on Environmental Quality. The flare lasted for 6 hours, until Wednesday evening.

Chevron Phillips said they do not make public comments about plant operations, but said its "completed venting and cooling of reactors and re-established flow to normal operation," in its filing with the TCEQ.

Trade sources said they are not seeing a significant impact on the market because the ethylene unit has already restarted.

Spot ethylene finished Wednesday at 20 cents/lb FD USG, up 0.25 cent from Tuesday.

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