South Korea’s KP Chemical PX/OX plants shut down on blackout

30 October 2012 07:34  [Source: ICIS news]

SINGAPORE (ICIS)--South Korea’s KP Chemical shut its No 1 and No 2 paraxylene (PX) and orthoxylene (OX) facilities in Ulsan because of a blackout on Tuesday, said a company source.

Both facilities were restarted over the weekend and had reached an operating ratio of 80-90% as of this morning. However, the blackout has caused both units to be shut.

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 person in charge [at the plants] is preparing for another restart but [is] not sure when it would go on stream again. It would take another three to four days for on-spec production after [its restart],” said the company source.

The blackout was said to have been caused by the restart of the two facilities over the weekend.

The total production loss for both PX and OX is said to be at approximately 2,200 tonnes/day and 685 tonnes/day respectively, said a market participant.

Additonal Reporting by Samuel Wong

By: Hazel Kumari
+65 6780 4327

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