August 2, 2019 / 4:06 PM / 17 days ago

Exxon plant fire may have modest impact on propylene prices: Lyondell CEO

FILE PHOTO: Smoke rises from a fire at Exxon Mobil's refining and chemical plant complex in Baytown, near Houston, Texas, U.S. July 31, 2019. REUTERS/Erwin Seba

HOUSTON (Reuters) - A fire on Wednesday at Exxon Mobil Corp’s Baytown, Texas, Olefins Plant should have a limited impact on propylene prices, which have been trading at low levels, said Lyondell Basell Industries Chief Executive Bob Patel on Friday.

“I would suspect it should have a modest impact on prices,” Patel said during a conference call with analysts to discuss second quarter earnings.

Reporting by Erwin Seba; Editing by Bernadette Baum

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below