OCI Partners LP Resumes Ammonia and Methanol Production after Weather-Related Disruption at its Beaumont Facility
NEDERLAND, Texas, July 22, 2014 /PRNewswire/ -- OCI Partners LP (NYSE: OCIP) ("the Partnership") announced today that recent severe thunderstorms in the Gulf Coast area caused a power outage and disrupted its methanol and ammonia production over the past several days. Damage to the production facility was limited, and the Partnership has conducted essential repairs swiftly to limit the unplanned downtime. As a result of the disruption, the methanol unit was down for 3.5 days and the ammonia unit was down for less than one day.
This is the second weather-related outage during the month of July. The first outage occurred at the beginning of the month and caused the methanol unit to be down for 2.5 days and the ammonia unit to be down less than one day.
Prior to these weather-related outages, the facility had been running uninterrupted and above design capacity since the unplanned downtime experienced in February 2014. At present, both production units are operating and achieving production rates above design capacity.
About OCI Partners LP
OCI Partners LP owns and operates a recently upgraded, integrated methanol and ammonia production facility that is strategically located on the Texas Gulf Coast near Beaumont. The facility currently has a maximum methanol production capacity of 730,000 metric tons per year and a maximum ammonia production capacity of 265,000 metric tons per year.
SOURCE OCI Partners LP