02 November 2012 05:53 [Source: ICIS news]
SINGAPORE (ICIS)--South Korea's LG Chem on 1 November shut its 55,000 tonne/year isopropanol (IPA) plant in Yeosu for about one-and-a-half weeks, a source close to the company said on Friday.
The shutdown is to prepare for the start-up of the producer’s new 50,000 tonne/year IPA line, which is scheduled to begin trial production in the second half of November, the source said.
However, commercial production at the new unit, which is located in the same Yeosu petrochemical complex, is likely to begin only in January next year, the source said.
"They are now working on expanding their customer base," said a trader.
The potential markets include India and the US, he said.
LG Chem’s line that is currently shut and the new unit uses acetone as a feedstock.
The company also operates a propylene-based IPA unit with a nameplate capacity of 45,000 tonne/year in Yeosu.
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