TotalEnergies to Resume HDPE Output From Gonfreville-l'Orcher Site End of May — OPIS
TotalEnergies is expected to resume production of high density polyethylene (HDPE) at its 230,000 metric ton/year plant in Gonfreville-l'Orcher, northern France, from the end of May, market sources told OPIS Wednesday.
HDPE supply from the plant was disrupted at end of April, sources said.
TotalEnergies' 520,000 mt/year ethylene cracker located at the same site has also faced technical issues, according to the same sources.
Total did not reply to an OPIS request seeking more information.
The Gonfreville-l'Orcher site in the Normandy region is one of TotalEnergies' largest refining and petrochemicals operations in France, according to company data. The cracker in Gonfreville-l'Orcher had a brief outage in February, but then restarted production later the same month, sources told OPIS.
The 247,000 b/d Gonfreville-l'Orcher refinery came back online during the first half of January following the completion of planned maintenance, sources told OPIS at the time. The Gonfreville-l'Orcher refinery has the capacity to process 12 million mt/year of crude oil, according to TotalEnergies.
The Gonfreville-l'Orcher plant refines some 200 products, including gasoline, diesel and plastic granules. Production represents 12% of refining capacity and 11% of France's total plastic output.
This content was created by Oil Price Information Service, which is operated by Dow Jones & Co. OPIS is run independently from Dow Jones Newswires and The Wall Street Journal.
--Reporting by Fahima Mathé, fmathé@opisnet.com; Editing by Rob Sheridan,
rsheridan@opisnet.com
(END) Dow Jones Newswires
May 08, 2024 12:44 ET (16:44 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.-
Is It Time to Ditch Your Money Market Fund for Longer-Term Bonds?
-
What’s Happening In the Markets This Week
-
4 Reasons Why Today’s Stock Market Is Delivering Impressive Performance
-
What Does Nvidia’s Stock Split Mean for Investors?
-
5 Undervalued Stocks to Buy as Their Stories Play Out
-
Markets Brief: Return of the Meme Stocks
-
It’s Been a Terrible Time for Bonds. Here’s Why You Should Own Them
-
Which AI Stocks Are Turning Hype Into Revenue?
-
Tesla: Shareholder Vote Reduces Key Person Risk
-
After Earnings, Is CrowdStrike Stock a Buy, a Sell, or Fairly Valued?
-
Adobe’s Strong Quarterly Results Drive Share Gains
-
What Does Broadcom’s Stock Split Mean for Investors?
-
5 Ultracheap Stocks to Buy With the Best Returns on Investment
-
Broadcom Earnings: AI Sales Growth Accelerates
-
Oracle Earnings: IaaS Signings More Than Make Up for Miss
-
This Undervalued Stock Is a Buy After Its Dividend Increase