South Korea’s Hyundai Oilbank to restart RFCC unit by 17 May

14 May 2013 03:24  [Source: ICIS news]

SINGAPORE (ICIS)--South Korea’s Hyundai Oilbank plans to restart its residual fluid catalytic cracker (RFCC) in Daesan by the end of the week following a month-long turnaround that began on 13 April, a company source said on Tuesday.

The RFCC, which produced around 300,000 tonnes of propylene last year, is expected to resume operations on 16 or 17 May, he said.

The source added that the company is currently in talks to sell some propylene spot cargoes for June loading on a floating basis but he did not provide further details.

By: Peh Soo Hwee
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