S Korea’s Honam to restart Daesan cracker on Friday after repairs

11 May 2012 02:56  [Source: ICIS news]

SINGAPORE (ICIS)--South Korea’s Honam Petrochemical is expected to restart its 1m tonne/year naphtha cracker in Daesan as scheduled on Friday, a company source said.

The producer had taken the cracker off line on 4 May for repairs due to mechanical problems at the plant’s cooling unit.

Prior to the shutdown, Honam had been running the cracker at 90% of capacity since late March due to the mechanical problems, the same source told ICIS earlier.

Honam had purchased two ethylene spot cargoes totalling 6,000 tonnes via pipeline from the domestic market during the cracker shutdown but did not buy any propylene, the source said, without providing further details.

By: Peh Soo Hwee
+65 6780 4359

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