S Korea's Lotte Chem restarts No 3 PTA unit after minor turnaround

18 April 2013 04:09  [Source: ICIS news]

SINGAPORE (ICIS)--South Korea’s Lotte Chemical Corp is restarting its 650,000 tonne/year No 3 purified terephthalic acid (PTA) unit in Ulsan after minor maintenance on 18 April, a company source said on Thursday.

The unit was shut on 14 April for five days of check-ups, the source said.

The shutdown has not affected PTA supply to Lotte’s own polyethylene terephthalate (PET) bottle chip plants as the company prepared stocks, the source said.

Lotte Chemical is the largest PET bottle chip maker in South Korea and has a total production capacity of 1,270 tonnes/day.

The company’s other No 2 PTA unit, with a capacity of 400,000 tonnes/year, was kept shut without definite restart schedule because of squeezed margins.

By: Becky Zhang
+65 6780 4359

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