Hopewell outage to have less impact on AS
A new plant outage at the AdvanSix plant in Hopewell, Va., is not expected to have as much impact on ammonium sulfate as other company products, Green Markets was told Dec. 8. “The impact to our ammonium sulfate business is less significant given the seasonal timing and we’re working with our customers to mitigate the impact,” a spokesperson said. However, such was not the case for other products as their supplies had been depleted due to an earlier turnaround in November.
AdvanSix said Dec. 8 that it experienced a temporary outage at Hopewell reducing caprolactam production with a resulting reduction in resin production at its downstream Chesterfield, Va., polymerization plant. While the company expects the required mechanical work to be completed in approximately one week, it has informed those customers of this force majeure event and is actively working to mitigate the impact of the outage on its customers’ operations.
AdvanSix also reports the due to the current outage it expects to incur an approximate $10-$12 million unfavorable impact to pre-tax income in fourth-quarter 2016.