S Korea's YNCC to cut Yeosu BD unit run rate to 70% for a week

05 June 2012 03:12  [Source: ICIS news]

SINGAPORE (ICIS)--South Korea’s Yeochun NCC (YNCC) plans to cut production at its 240,000 tonne/year butadiene (BD) plant at Yeosu for a week from 11 June because of a mechanical problem, a company source said on Tuesday.

“We will run the BD unit at 70% of capacity for one week to carry out repairs at the heat exchanger,” the source said, adding that the unit is currently running at full capacity.

About 1,500 tonnes of BD will be lost during the period when the unit will run at reduced capacity, the source said.

Traders said the expected production loss at YNCC’s unit is unlikely to have a significant impact on the regional market as demand remains weak.

BD spot prices have shed about $600/tonne (€480/tonne) since early May to $1,850-1,900/tonne CFR (cost and freight) northeast (NE) Asia in the week ended 1 June, according to ICIS.

($1 = €0.80)

By: Helen Yan
+65 6780 4359

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