04 November 2011 05:46 [Source: ICIS news]
SINGAPORE (ICIS)--South Korea’s Honam Petrochemical has bought by tender two 25,000 tonne naphtha cargoes for delivery into Daesan in the first half of December, a company source said on Friday.
The cargoes were awarded at parity, he added.
The company will shut its 750,000 tonne/year cracker in Yeosu for 40 days of maintenance and debottlenecking from April to May 2012. Following that, the plant’s capacity will reach 1m tonnes/year.
For more on naphtha, visit ICIS chemical intelligence
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