S Korea’s Asacco postpones VAM plant turnaround to Mar-Apr 2013
27 July 2012 04:17 [Source: ICIS news]
SINGAPORE (ICIS)--?xml:namespace>South Korea’s Asia Acetyls Co (Asacco) has pushed back the scheduled turnaround at its 210,000 tonnes/year vinyl acetate monomer (VAM) plant in Ulsan to March-April 2013 from late October this year, a source close to the company said on Friday.
The turnaround was originally set in mid-September but was delayed to late October.
“Demand from the downstream ethylene vinyl acetate (EVA) sector is currently better than expected,” the source said, adding that the company is also trying to build inventory.
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: Samuel Wong
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