DATE : 2014-10-13
South Korea’s LG Chem plans to reduce the operating rates at both its Yeosu-based styrene monomer (SM) facilities in end October to 85% for 10 days on the back of planned turnarounds at upstream units, a company source said on Monday.
The two units, a 200,000 tonnes/year facility and another 300,000 tonnes/year plant, are currently running at full capacity.
The cuts in their run rates follows the turnaround at an upstream 1m tonne/year naphtha cracker which will be shut on 20 october for debottlenecking for around 35 days, the source added.
Meanwhile, the firm’s 240,000 tonne/year benzene unit will be shut from 18 october for 40 days of scheduled maintenance, he said.
SOURCE Icis News