23 February 2011 04:27 [Source: ICIS news]
(Updated to clarify dates in first paragraph.)
SINGAPORE (ICIS)--South Korea's YNCC may restart its 857,000 tonne/year No 1 cracker at its Yeosu complex on 23 February or 24 February, after a power failure shut down the plant and some downstream units late on the afternoon of 22 February, sources close to the company said on Wednesday.
Company officials could not be reached for comment.
“It is not yet clear if they can restart but impact on the ethylene market is not so big,” said a trader, who estimated a production loss of 3,000-4,000 tonnes for YNCC from the outage.
Additional reporting by Helen YanTo discuss issues facing the chemical industry go to ICIS connect
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.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections