19 May 2010 12:34 [Source: ICIS news]
SINGAPORE (ICIS news) – South Korea’s LG Chem plans to bring forward the maintenance at its 160,000 tonne/year styrene monomer (SM) unit at Daesan from August to June due to unfavourable market conditions, a company sources said on Wednesday.
Styrene prices had dropped dramatically to $1,140-1,150/tonne FOB (free on board) ?xml:namespace>
The unit had been expected to go offline on 16 June for a half-month long maintenance to have its catalyst changed, the source added.
The company also operates another two lines with a total capacity of 500,000 tonne/year in Yeochon. These lines were running normally.
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