11 April 2013 05:03 [Source: ICIS news]
SINGAPORE (ICIS)--South Korea’s Sam Nam Petrochemical restarted its No 3 and No 4 qualified terephthalic acid (QTA) units in Yeosu on 9 April after the completion of planned maintenance, a company source said on Thursday.
The two units, with a capacity of 550,000 tonnes/year each, were shut on 28-29 April for a turnaround, which coincided with the scheduled maintenance of the industrial park’s power system.
The company’s No 2 purified terephthalic acid (PTA) unit at the same Yeosu site, which was shut together with the two QTA units, is expected to be restarted on 22 April, the source said.
The restart date of the No 2 PTA unit was initially scheduled on 17 April, but the source did not specify the reason for the delay.
Sam Nam had stocked up sufficient inventories to continue supplying to its customers during the plant shutdown, the source said.
The producer operates four terephthalic acid plants in Yeosu. Its 350,000 tonne/year No 1 QTA unit has been idle since 12 November 2012, because of squeezed margins.
Sam Nam is a joint venture between Japan’s Mitsubishi Chemical (40%) and South Korean companies Samyang Petrochemical (40%) and GS-Caltex Oil (20%).
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