S Korea’s YNCC restarts No 3 cracker and aroms unit
12 December 2008 06:52 [Source: ICIS news]
SINGAPORE (ICIS news)--South Korea’s largest cracker operator Yeochun Naphtha Cracking Center (YNCC) has restarted its No 3 cracker and aromatics unit in Yeochun on Thursday, said a company source on Friday.
The source, however, declined to comment on the operating rates for the No 3 cracker after the restart.
The aromatics unit which produces 120,000 tonnes/year of benzene, 60,000 tonnes/year of toluene and 40,000 tonnes/year of solvent grade xylenes was taken off line on 19 November due to weak market conditions.
Earlier, ICIS news reported that the company planned to restart the cracker producing 400,000 tonnes/year of ethylene due to improved downstream polymer demand.
Some South Korean crackers were in the process of ramping up production from earlier-reduced levels due to stronger polymer demand, said an aromatics trader.
Some of the other key aromatics producers in South Korea include SK Energy, LG Chem and Honam Petrochemical.
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By: Mahua Chakravarty
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