S Korea’s Sam Nam shuts No 4 QTA unit for one-week turnaround

14 June 2011 05:13  [Source: ICIS news]

SINGAPORE (ICIS)--South Korea’s Sam Nam Petrochemical shut its No 4 qualified terephthalic acid (QTA) line with a capacity of 550,000 tonnes/year at Yeosu on 13 June for a week-long turnaround, a company source said on Tuesday.

“We shut it down on the morning of 13 June, and will restart it on schedule this Sunday,” the source said.

The estimated production loss during the shutdown is around 10,000 tonnes and Sam Nam will reduce supply by around 20% to its contracted customers in June, the source added.

The company recently shut its No 2 350,000 tonne/year purified terephthalic acid (PTA) plant from 21 May to 4 June for a planned two-week turnaround.

Its other two QTA units, with a combined capacity of 900,000 tonnes/year, are running at full rates.

Sam Nam is a joint venture that was set up by Japan’s Mitsubishi Chemical, which has a 40% stake in the company, and South Korean companies Samyang Petrochemical and GS-Caltex Oil, which hold a 40% and 20% share respectively.

Additional reporting by Becky Zhang

For more on purified terephthalic acid, visit ICIS chemical intelligence
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By: Judith Wang
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