Korea’s Hyundai Oilbank restarts RFCC after month-long turnaround

16 May 2013 11:54  [Source: ICIS news]

SINGAPORE (ICIS)--South Korea’s Hyundai Oilbank restarted its residual fluid catalytic cracker (RFCC) in Daesan as planned on Thursday following a month-long turnaround that began on 13 April, a company source said.

Operating rate at the RFCC, which produced around 300,000 tonnes of propylene last year, is gradually being ramped up, he said.

Hyundai Oilbank has also resumed spot sales during the week. It sold two propylene cargoes for any June lifting to traders on a floating price basis, the source said.

By: Peh Soo Hwee
+65 6780 4359

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