South Korea’s Daesan shuts MMA plant for maintenance

09 June 2011 09:51  [Source: ICIS news]

SINGAPORE (ICIS)--South Korea’s Daesan MMA (DMMA) shut its 90,000 tonne/year methyl methacrylate (MMA) plant at Yeosu on 8 June for a 40-day turnaround, a company source said on Thursday.

The plant is expected to be restarted around 19 July, the source added.

The company may have to source overseas for 1,000-2,000 tonnes of MMA to meet domestic demand as a result of the planned maintenance, he said.

However, since the supply of MMA in Asia is fundamentally tight, the company is placing its buyers on allocation instead, the source said.

DMMA plans to shut its 50,000 tonne/year polymethyl methacrylate (PMMA) plant at the same site for two weeks of maintenance in August, but exact dates are not confirmed, the source said.

The capacity of the PMMA plant was raised from 40,000 tonnes/year to 50,000 tonnes/year in January after a debottlenecking exercise.

DMMA is a joint venture between Japan’s Mitsubishi Rayon Co (MRC) and South Korea’s Honam Petrochemical Corp (HPC).

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By: Junie Lin

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