S Korea’s Honam runs crackers at 100%; cuts HDPE runs briefly

28 August 2012 09:13  [Source: ICIS news]

SINGAPORE (ICIS)--South Korea’s Honam Petrochemical continues to operate its crackers at 100% of capacity in spite of Typhoon Bolaven which has dumped strong winds and heavy rains in the western and southern parts of the country, a company source said on Tuesday.

The company runs a 1m tonne/year cracker in Yeosu and another 1.07m tonne/year cracker in Daesan, according to ICIS data.

Honam Petrochemical cut the operating rate of its 370,000 tonne/year high density polyethylene (HDPE) plant at Yeosu to 80% capacity, from 100% at around 06:00 hours South Korean time on Tuesday morning (2100 GMT Monday) because of a brief power outage, another company source said.

The operating rate was raised back to 100% within two hours, the source said.

Its other HDPE plant at Yeosu with a 230,000 tonne/year capacity was not affected by the power disruption, he said.

Additional reporting by By Chow Bee Lin


By: Felicia Loo



AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly

ICIS news FREE TRIAL
Get access to breaking chemical news as it happens.
ICIS Global Petrochemical Index (IPEX)
ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index