SK Energy to start furnace repairs at No 2 cracker next week

06 July 2012 02:31  [Source: ICIS news]

SINGAPORE (ICIS)--South Korea’s SK Energy plans to carry out furnace repairs at its 690,000 tonne/year No 2 naphtha cracker in Ulsan around 9 July for about 10 days, a company source said on Friday.

During this period, the operating rate of the cracker will be reduced to 90% capacity from 100% previously.

The company had also carried out furnace repairs at the same plant last month.

Separately, SK Energy is still running its smaller 190,000 tonne/year No 1 naphtha cracker in Ulsan at 70% capacity but is looking to raise the operating rate to 90% in August if olefin market conditions and derivative demand improves, the source added.

By: Peh Soo Hwee
+65 6780 4359

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