23 December 2005 02:56 [Source: ICIS news]
SINGAPORE (ICIS news)--Tongsuh Petrochemical, South Korea’s largest acrylonitrile (ACN) producer, will continue to operate its plants a reduced rates in January due to weak market fundamentals, a company source said on Friday.
The plant at Ulsan, South Korea, has two lines that can produce 270,000 tonne/year of ACN in total. It has been operating at 90% of capacity since completing a month-long turnaround on 5 November. The source decline to speculate on when production will be back to 100% of capacity.
High feedstock propylene costs and sluggish demand have forced ACN plants across the region to reduce operating rates in recent weeks. ?xml:namespace>
Tongsuh is a subsidiary of
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