South Korea’s KP Chemical restarts PX/OX units in Ulsan

29 October 2012 09:20  [Source: ICIS news]

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SINGAPORE (ICIS)--South Korea’s KP Chemical restarted both their No 1 and No 2 paraxylene (PX)/orthoxylene (OX) facilities in Ulsan over the weekend after completing its turnaround, said a company source.

The No 1 facility has a production capacity of 250,000 tonnes/year of PX and 60,000 tonnes/year of OX. The No 2 unit has a nameplate capacity of 525,000 tonnes/year of PX and 190,000 tonnes/year of OX.

“The current operating rates of the two facilities are still unknown, but everything seems to be in order,” added the source.

The impact of the restart may not be immediately seen given the subdued PX market, with regional players adopting a wait-and-see stance, and limited spot availability of OX from KP Chemical during the maintenance period, a market source said.

By: Hazel Kumari
+65 6780 4327

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