South Korea's Samnam restarts PTA plant following power outage

26 January 2011 07:53  [Source: ICIS news]

SINGAPORE (ICIS)--South Korea’s Samnam Petrochemical restarted its 350,000 tonne/year No 2 purified terephthalic acid (PTA) plant in Yeosu on Tuesday night after a power outage a week ago, a company source said on Wednesday.

The company’s PTA plant, and three other qualified terephthalic acid (QTA) units with a combined capacity of 1.45m tonnes/year, were shut on 17 January due to a 20-minute power failure which caused a widespread shutdown of petrochemical facilities in the area.

Its three QTA plants came back on line by 17 January, but technical problems delayed the restart of the PTA plant, the source said.

“The PTA plant is currently running at relatively low rates, but achieved on-spec production shortly after its restart last night,” the source said.

“We had expected an immediate recovery of operation at these plants after the incident, but things were not going that smoothly,” said the source, adding that the three QTA plants had been running unstably for two to three days after their restart.

The total loss was estimated around 20,000 tonnes, close to 14% of Samnam’s monthly output, said the source.

Samnam Petrochemical is a joint venture of Japan’s Mitsubishi Chemical (40%), South Korea’s Samyang Petrochemical (40%) and GS-Caltex Oil (20%).

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By: Becky Zhang
+65 6780 4359



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