S Korea’s Kumho plans May turnaround at Yeosu BPA plant

11 February 2011 10:58  [Source: ICIS news]

NAGOYA, Japan (ICIS)--South Korea’s Kumho P&B Chemicals plans to shut its 280,000-tonne/year bisphenol-A (BPA) unit at Yosu in early May for around three weeks, a company source said on Friday.

It was too early to assess the full impact of the maintenance shutdown, but it was expected to tighten supply in the BPA market and exert upward pressure on prices.

BPA spot prices had increased by more than $200/tonne from early January due to ongoing and upcoming turnarounds at regional plants, healthy demand and higher feedstock benzene values.

Spot BPA prices were hovering at $2,350-2,450/tonne (€1,739-1,813/tonne) CFR (cost and freight) northeast Asia, up $20-50/tonne on the week, according to ICIS data.

($1 = €0.74)

To discuss issues facing the chemical industry go to ICIS connect

By: Gabriela Wheeler
+1 713 525 2600

AddThis Social Bookmark Button

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.

Printer Friendly