28 February 2013 09:11 [Source: ICIS news]
SINGAPORE (ICIS)--South Korea’s Hanwha Chemical will shut its Yeosu-based 360,000 tonne/year vinyl chloride monomer (VCM) unit in May for a scheduled turnaround, company sources said on Thursday.
According to the sources, the turnaround is expected to last for 50 days.
During the period of turnaround at the Yeosu-based VCM unit, production of downstream polyvinyl chloride (PVC) is not expected to be impacted as the company would be importing some volumes of VCM to sustain their PVC production, added the source.
The turnaround at Hanwha Chemical’s VCM unit is expected to weigh further on the current tight supply situation seen in the Asian VCM market, added market participants.
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