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Kumho P&B Chemicals operating solvents lines at Yeosu at about 70-80% of capacity

July 20/2011

(Platts) -- South Korea's Kumho P&B Chemicals has been operating its solvents lines at Yeosu at about 70-80% of capacity since July 6, a source close to the company said Tuesday.

The run cuts followed flooding caused by heavy rains and a disruption in steam and power supply, the source said, adding that the company hoped to ramp up to full capacity again by the end of the month.

Steam and power supplied by parent company Kumho Petrochemical was disrupted for two-three days, the source said, but gave no further details.

The company has three solvents lines but the 30-year-old No. 1 line, with the capacity to produce 30 KTa of phenol and 20 KTa of acetone, was scrapped in 2008 because of poor margins.

The No. 2 line can make 135 KTa of phenol and 84 KTa of acetone while the No. 3 line can deliver 205 KTa of phenol and 123 KTa of acetone.

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