S Korea’s Taekwang shuts ACN plant for maintenance on 20 Feb

21 February 2013 02:49  [Source: ICIS news]

SINGAPORE (ICIS)--South Korea's Taekwang Petrochemical shut its 290,000 tonne/year acrylonitrile (ACN) plant in Ulsan on 20 February for a scheduled turnaround, a company source said on Thursday.

The plant is expected to restart on 10 March, according to the source.

The ACN plant was running at reduced rate of around 80% amid higher feedstock costs.

Asia’s ACN prices were assessed as stable at $1,900-1,980/tonne (€1,425-1,485/tonne) CFR NE Asia in the week ended on 15 February, compared with the previous week, according to ICIS.

($1 = €0.75)

By: Judith Wang
+65 6780 4359

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