South Korea’s Honam likely to restart Daesan MEG unit on 22 Oct

16 October 2012 10:00  [Source: ICIS news]

SINGAPORE (ICIS)--South Korea’s Honam Petrochemical is likely to restart its 400,000 tonne/year monoethylene glycol (MEG) unit at Daesan after it completes its inspection works on 22 October, a company source said on Tuesday.

Inspection at the unit is tentatively expected to last for about 10 days from the shutdown date, and the company expects to restart the unit once it is completed, the source said.

The unit was shut on 12 October for inspection works to be carried out, the source said without further elaborating.

“The shutdown will not have any impact on contract supply, but the company will reduce availability for the spot market,” the source said.

Honam Petrochemical is currently running its other 250,000 tonne/year MEG unit at the same site at 100% capacity, the source added.

By: Samuel Wong

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