10 October 2012 11:26 [Source: ICIS news]
SINGAPORE (ICIS)--South Korea’s Hanwha Chemical on 10 October shut its chlor-alkali plants in Ulsan for a turnaround, a company source said on Wednesday.
The plants in Ulsan that will undergo maintenance lasting around 10 days include a 240,000 dry metric tonne (dmt)/year caustic soda, a 215,000 tonne/year ethylene dichloride (EDC) and a 250,000 tonne/year vinyl chloride monomer (VCM) unit.
Hanwha is scheduled to shut its 360,000 tonne/year VCM unit in Yeosu later in October for around 25 days of maintenance.
The shutdowns are likely to cause EDC and VCM spot supply to tighten, said market participants.
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