28 October 2009 07:36 [Source: ICIS news]
"The cracker will be shut from 3 March to 8 April," the source said.
The cracker’s nameplate capacity was expected to be raised by 100,000 tonnes/year to 1m tonnes/year after the maintenance, making it one of the largest crackers in the country.
There would be a surplus of 2,000-3,000 tonnes of ethylene every two months, the source said, adding that the company was discussing with traders whether the sale of cargoes would be on a term or spot basis.
LG Chem also operates a 760,000 tonne/year naphtha cracker in Daesan, which was scheduled for expansion in May 2011, the source said. This would increase the Daesan cracker’s ethylene capacity by 150,000 tonnes/year to 910,000 tonnes/year.
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|