S Korea’s Kumho P&B to shut MIBK unit on 1 Sept for maintenance

17 July 2012 09:40  [Source: ICIS news]

MELBOURNE (ICIS)--South Korea’s Kumho P&B Chemicals plans to shut its methyl isobutyl ketone (MIBK) plant in Yeosu on 1 September for annual maintenance and capacity expansion, a company source said on Tuesday.

The company plans to increase the plant’s MIBK capacity by 83% during the shutdown, to 55,000 tonnes/year from its current capacity of 30,000 tonnes/year.

The company had earlier stated that the planned new capacity will be 60,000 tonnes/year.

The scheduled shutdown will last for “about three and half months”, the source said.

Kumho is in discussions with other Asian MIBK producers for spot supplies to meet its domestic supply commitments during the shutdown, the source added.

MIBK, which is derived from acetone, is used as a solvent for industrial paints and thinners, and to produce rubber chemicals.

By: Trisha Huang

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