S Korea’s Kumho cuts MIBK op rate ahead of mechanical checks

25 June 2013 07:27  [Source: ICIS news]

MELBOURNE (ICIS)--South Korea’s Kumho P&B Chemicals has reduced the operating rate at its methyl isobutyl ketone (MIBK) plant to 85% of capacity ahead of a planned mechanical inspection in July, a company source said on Tuesday.

The company decreased the operating rate at its 55,000 tonne/year MIBK plant in Yeosu to 85% capacity over the weekend of 22-23 June from 85-90% capacity previously because of weak market conditions, the source said.

The inspection to be conducted on the MIBK plant’s reactor in July will entail a further cut in output, the Kumho company source added.

“The MIBK plant will be running at about 50% capacity for about one week [in the first half of July] as we need to carry out checks on the reactor,” the source said.

Whether the reactor will need to be repaired or replaced will depend on the outcome of the inspection, the source added.

Kumho began commercial operations at its expanded MIBK plant, which is the largest plant in Asia by capacity, on 10 December 2012.

By: Trisha Huang

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