30 October 2013 07:39 [Source: ICIS news]
SINGAPORE (ICIS)--South Korea’s S-Oil is currently running its 1m tonne/year paraxylene (PX) unit in Onsan at 100%, and will likely continue to operate the facility at full tilt next year, a company source said on Wednesday.
"The PX market is very strong right now but we might face some difficulty next year when new PX capacities [in South Korea] start up," the source said.
The PX plant is part of the company's No 2 aromatics facility at the site that can also produce 300,000 tonnes/year of benzene.
"We will have to review the situation [run rates at the PX unit] next year and might adjust rates in 2015 once the new units are operational," he said.
SK Energy, for example, is expected to start producing PX at its Incheon refining complex next year, according to the source.
S-Oil's No 1 aromatics facility at the same site can produce 300,000 tonnes/year of benzene and 700,000 tonnes/year of PX.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
Asian Chemical Connections