26 July 2006 08:30 [Source: ICIS news]
SINGAPORE (ICIS news)--KP Chemical, the South Korean petrochemicals producer, will extend its aromatics plant shutdown indefinitely due to economic reasons, a company source said on Wednesday.
The BTX line shutdown came on 19 July when the paraxylene (PX) line 2 was also closed.
Previously, the company had shut the orthoxylene (OX) line on 1 June, following which the shutdown deadline was extended from early-July to end-August.
KP had planned to keep the ?xml:namespace>
The plant produces 200,000 tonne/year of OX, 500,000 tonne/year of PX, 100,000 tonne/year of benzene, and 20,000 tonne/year of toluene.
KP is part of the Lotte group of companies. It also operates three PTA lines with a total capacity of 1.1m tonne/year at its base in
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