South Korea's Tongsuh shuts Ulsan No 4 ACN line

06 September 2013 04:25  [Source: ICIS news]

jakartaSINGAPORE (ICIS)--South Korea’s Tongsuh Petrochemical on 4 September shut its 245,000 tonne/year No 4 acrylonitrile (ACN) line in Ulsan amid poor margins, a company source said on Friday.

“The plant was shut down on 4 September as scheduled,” the source said.

The company has yet to fix a restart date for the plant because of current market conditions, the source said.

Meanwhile, the company’s 70,000 tonne/year No 2 ACN line in Ulsan will be shut in October as planned for about 10 days, he said.

The firm’s 245,000 tonne/year No 3 line in Ulsan and the No2 plant are currently running at around 80% of capacity, according to the source.
By: Judith Wang
+65 6780 4359

AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly