01 April 2011 04:30 [Source: ICIS news]
The company last sold 1,000 tonnes of spot phenol to Japan for delivery in late March, he added.
“Domestic [phenol] demand has increased and the inventories are tight,” said the source, referring to firm demand in South Korea.
LG Chem's phenol/acetone plant can produce 300,000 tonnes/year of phenol and 180,000 tonnes/year of acetone.
For more on phenol/acetone, visit ICIS chemical intelligence
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