S Korea’s YNCC runs crackers at 90% after derivative plant restart

24 May 2013 08:56  [Source: ICIS news]

SINGAPORE (ICIS)--South Korea’s Yeochun NCC (YNCC) is currently running its three naphtha crackers in Yeosu at 90% capacity following the restart of several derivative units at the site, a company source said on Friday.

A source from Hanwha Chemical said separately that the company had competed a turnaround for its polyethylene (PE) units in first-half May but did not give details.

The producer operates two low density PE (LDPE) plants with a combined capacity of 327,000 tonnes/year, and three linear low density PE (LLDPE) plants with a total capacity of 379,000 tonnes/year at the site, according to ICIS data.

YNCC had raised the cracker operating rates from 10 May. Prior to that, run rates at the three crackers – with a combined ethylene nameplate capacity of 1.9m tonnes/year – were at 85% capacity as Daelim Industrial Co’s derivative PE units remained shut following an explosion at its premises.

By: Peh Soo Hwee
+65 6780 4359

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