S Korea’s Hanwha Chem sets Oct turnaround at VCM, PVC units

10 September 2010 08:34  [Source: ICIS news]

SINGAPORE (ICIS)--Hanwha Chemical Corp will shut its vinyl chloride monomer (VCM) and polyvinyl chloride (PVC) plants in Yeosu and Ulsan for maintenance on 3 October, a source close to the company said on Friday.

The company would take its 360,000 tonne/year VCM unit in Yeosu off line for 20 days, while its 310,000 tonne/year PVC and 230,000 tonne/year VCM plants in Ulsan would also be shut for a 10-day maintenance turnaround, said the source.

The company’s export capacity would be limited as a result of the shutdowns, added the source.

Meanwhile, the company’s 250,000 tonne/year PVC facility in Yeosu would continue to run normally during that period, according to the source.

However, the unit would be shut for five days of maintenance in the last week of October, said the source.

Asia PVC prices were last assessed at $940–960/tonne (€743–759/tonne) CFR (cost & freight) China Main Port (CMP) on 3 September 2010, ICIS data showed.

($1 = €0.79)

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By: Aaron Cheong

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