S Korea’s YNCC cuts run rates at Yeosu crackers on typhoon

28 August 2012 09:33  [Source: ICIS news]

SINGAPORE (ICIS)--South Korean producer Yeochun NCC (YNCC) has reduced the average run rates at its three crackers at Yeosu to 85% because strong typhoon winds forced the shutdown of some downstream polymer units in the early hours of Tuesday, a company source said.

The three crackers  – the 857,000 tonne/year No 1, 578,000 tonne/year No 2 and 465,000 tonne/year No 3 crackers –  were operating at 100% of capacity previously, the source said, adding that the recovery period will be two to three days.

Separately, YNCC has no plans to buy spot naphtha for the time being, traders said.

Typhoon Bolaven has caused heavy rains and strong winds in southern and western parts of South Korea after passing through Okinawa, Japan, on Monday.

By: Felicia Loo

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