LSB Industries says El Dorado plant resumes ammonia production
Seeking Alpha
Published Jul 05, 2018 10:21AM ET
LSB Industries says El Dorado plant resumes ammonia production
- LSB Industries (LXU -0.7%) says the ammonia plant at its El Dorado, Ark., chemical facility has resumed production, after being taken out of service on June 4 when a power outage resulted in tube failures in the ammonia plant’s boiler.
- While El Dorado’s ammonia plant was out of service, the company pulled forward work previously planned for its September turnaround, which shortens the planned turnaround in Q3 to five days from the previously revised 12 days.
- LSB had estimated the repairs would impact Q2 EBITDA by $10M-$11M.
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