18 February 2013 09:33 [Source: ICIS news]
SINGAPORE (ICIS)--South Korea’s Hanwha Chemical plans to complete the turnaround at three of its Ulsan-based ethylene vinyl acetate (EVA)/low density polyethylene (LDPE) swing plants by the beginning of March, a company official said on Monday.
The plants, each with a capacity of 40,000 tonnes/year, were taken offline in succession from January onwards for maintenance lasting 15 days each, the official said. The official could not provide exact dates of the shutdowns.
“Our EVA inventory is low because we have three plants being shut down in turns for 15 days each starting in January,” he said, “the shutdown of the second plant is still ongoing and overlapping the shutdown of the third plant."
He added that the third plant is expected to restart around 5 March.
Hanwha Chemical also operates a 350,000 tonne/year LDPE/EVA swing plant in Yeosu.
The company mainly produces EVA containing 9-40% of vinyl acetate (VA) at its production sites in Ulsan and Yeosu, and exports more than half of its output.
EVA resin can be used to produce injection products, agricultural films, foam products, hot-melt adhesives, electric wires and cables. It is also used in the manufacturing of solar panels, construction materials, inks and coatings.
Major EVA producers in Asia include Taiwan’s Formosa Plastics Corp (FPC) and USI Far East; South Korea’s Lotte Chemical Corp and Samsung Total; Japan’s Sumitomo Chemical, DuPont-Mitsui Polychemicals and Tosoh Corp; China’s YPC-BASF (BYC), Beijing Organic and DuPont Packaging & Industrial Polymers; Singapore’s The Polyolefin Co (Singapore) and Thailand’s TPI Polene.
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