04 April 2012 11:06 [Source: ICIS news]
SINGAPORE (ICIS)--South Korea’s Honam Petrochemical may shut its 1m tonne/year cracker in Daesan at the end of April for repairs, a company official said on Wednesday.
The company has been running the plant at a reduced rate of 90% capacity since late March because of some mechanical problems.
“We may shut the cracker at the end of April but nothing is fixed yet,” he said.
Discussions to buy ethylene and propylene for May shipments have not started. “We are not buying yet,” he added.
Separately, Honam is expected to resume operations at its 750,000 tonne/year naphtha cracker at Yeosu on 10 April following a planned turnaround since 1 March.
The cracker underwent debottlenecking during the shutdown to increase its ethylene capacity by 250,000 tonnes/year to 1m tonnes/year.
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