Oil & Gas

A Gulf Coast chemical manufacturer of oxo derivative and intermediate products including alcohols, polyols, carboxylic acids, specialty esters, and amines experienced a failure in a critical chiller that shut down its entire Gulf Coast plant. A plant manager estimated a potential financial loss of over $1,000,000 each day the plant was down. The incident occurred over the weekend and there was great concern that locating a replacement chiller with sufficient capacity would be challenging.