SK Energy on track to shut Ulsan benzene reformer from 21 June

18 June 2010 09:36  [Source: ICIS news]

SINGAPORE (ICIS news)--SK Energy is on track to shut down its about 10,000 tonnes/month benzene reformer from 21 June for scheduled maintenance work in Ulsan, South Korea, a source close to the company said on Friday.

The unit would be shut for more than a month and was expected to resume production towards the end of July, the source said.

The shutdown would help tighten supply in the benzene market amid an oversupply of the material in Asia and as sellers desperately seek deals outside the region, traders and producers said.

Some of the other key benzene producers in South Korea are GS Caltex and Yeochun Naphtha Cracking Center (YNCC).

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By: Mahua Chakravarty
+65 6780 4359

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