S Korea’s Asacco postpones VAM plant turnaround to end-October

28 May 2012 08:36  [Source: ICIS news]

SINGAPORE (ICIS)--South Korea’s Asia Acetyls Co (Asacco) has pushed back the scheduled turnaround at its 210,000 tonne/year vinyl acetate monomer (VAM) plant in Ulsan to late October from mid-September, a company official said on Monday.

“We will shut the plant at the end of October or early November instead because of low inventory and stable demand from the downstream EVA (ethylene vinyl acetate) sector,” the source said.

The turnaround is expected to last 20 to 25 days, he said.

The VAM plant is currently operating at full capacity, the source said.

Asacco – is a joint venture between UK’s BP, US’ Dow Chemical and South Korea’s Samsung.

Other major VAM producers in the Asian market include US-based Celanese, China’s Sichuan Vinylon Works, Japan’s Showa Denko and Japan VAM & Poval, Taiwan’s Dairen Chemical Corp and Saudi Arabia’s International Vinyl Acetate Co (IVC).

By: Helen Lee
+65 6780 4359

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