Honam Petrochemical runs BTX unit at 70-80%

14 November 2008 01:50  [Source: ICIS news]

SINGAPORE (ICIS news)—South Korean aromatics producer, Honam Petrochemical, is running its benzene, toluene and solvent-grade xylene (BTX) unit at reduced rates of 70-80% due to poor market conditions, said a company source late on Thursday.

 

Operating rates at the Yeosu-based unit had been slashed from October, he said.

 

The plant produces about 180,000 tonnes of benzene, 80,000 tonnes of toluene and 55,000 tonnes of solvent-grade xylene per annum.

 

Due to lowered production rates, the company currently has limited spot availability for some of the products, he added.

 

The two other producers of solvent-grade xylene in South Korea are Yeochun Naphtha Cracking Center (YNCC) and LG Chem.

 

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By: Mahua Chakravarty
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