RELEASED ON 19/04/13 (DD/MM/YY)

South Korea’s Asia Acetyls Co (Asacco) is in the process of raising operating rates at its recently restarted 210,000 tonnes/year vinyl acetate monomer (VAM) plant in Ulsan, a company official said on Friday.

The VAM plant, along with an upstream 600,000 tonne/year acetic acid plant at the same site, was taken off line on 18 March for turnaround. The two plants resumed operations on 14 April as sheduled, the source said.

“It takes some time to raise the VAM plant operating rates,” the official said, without providing the exact run rates.

Asacco is a joint venture between London-headquartered BP, US-based major Dow Chemical and South Korea’s Samsung.

SOURCE Icis News