20 August 2009 09:22 [Source: ICIS news]
SINGAPORE (ICIS news)--South Korea’s largest polyethylene terephthalate (PET) bottle-chip producer, KP Chemical, is running its Ulsan plant at a reduced rate of 80% due to soft business conditions, a company source said on Thursday.
“We started cutting back our operating rate gradually since the beginning of the week and we are currently running at 80%,” the source said, adding that the plant was previously operating at 100%.
KP Chemical’s ?xml:namespace>
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|