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)
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