05 May 2008 04:49 [Source: ICIS news]
SINGAPORE (ICIS news)--Yeochun Naphtha Cracking Center (YNCC) has shut down all its plants in Yeochun, including all three naphtha crackers due to a power outage in the city on 3 May, a source from the company said on Monday.
The power outage which happened at about 4:30pm local time (7:30am GMT) had lasted for half a day and forced YNCC to shut down all three of its crackers together with its benzene, toluene and mixed xylenes (BTX) and butadiene (BD) plants.
"We tried to feed the crackers with naphtha this morning, but it did not seem too good so we have decided to try again tonight. We are really hoping to get some on-spec ethylene by tomorrow morning," the source said.
The total amount of ethylene lost due to the power outage would be about 15,000 metric tonnes, if the company was able to get on-spec material by Tuesday morning, the source added.
The source also said that the remaining plants, including the BTX and BD plant would be started up only after the crackers resumed normal production.
YNCC’s cracker No 3 has been running at a reduced operation rate of 95% since March when it began maintenance at its furnaces.
A similar process would commence for the company’s No 1 cracker from 15 May to 15 June, where the cracker would be run at a reduced operating rates of 95-97% while maintenance would be conducted simultaneously.
The impact of the outage was seen in the Asian benzene market where prices were up $10/tonne to $1,175-1,185/tonne FOB (free on board) ?xml:namespace>
Due to a holiday in
Mahua Chakravarty contributed to this article
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