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)

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By: Gabriela Wheeler
+1 713 525 2600



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