S Korea’s Lotte cuts butyl glycol output on mechanical issues

26 June 2013 03:56  [Source: ICIS news]

MELBOURNE (ICIS)--South Korea's Lotte Chemical has reduced its butyl glycol (BG) plant operating rate to about 70% capacity from 95-100% capacity because of mechanical problems, a company source said on Wednesday.

Mechanical issues prompted the producer to cut the operating rate at its 50,000 tonne/year BG plant in Daesan over the weekend of 22-23 June, the company source said.

Lotte Chemical plans to keep running its BG plant at the reduced rate until the following week when the mechanical issues are expected to be resolved, the company source said, without specifying details.

The lower output is expected to trim Lotte Chemical’s July butyl glycol export volume to about 2,000 tonnes, compared with its typical monthly export volume of 3,000 tonnes, the source added.

By: Trisha Huang

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