MOSCOW (MRC) -- South Korean petrochemical company LG Chem has taken off-stream its naphtha cracker at Daesan, reported Apic-online.
A Polymerupdate source in South Korea informed that the company has halted operations at its cracker on January 26, 2016 owing to a technical glitch. The duration of the unplanned shutdown could not be ascertained.
Located in Daesan, South Korea, the cracker has an ethylene capacity of 1 million mt/year.
As MRC informed before, LG Chem plans to conduct a month-long turnaround for its styrene monomer (SM) units from March to April 2016. LG Chem operates two SM units in Daesan and Yeosu. The company's Daesan unit is able to produce 180,000 mt/year of SM, while the Yeosu unit's SM production capacity is 500,000 mt/year.
On a separate note, the company does not have any plan to conduct turnarounds for its Daesan and Yeosu-based aromatics units in 2016. The company’s Daesan aromatics unit has a nameplate capacity of 200,000 mt/year of benzene, 100,000 mt/year of toluene and 24,000 mt/year of solvent-grade mixed xylene. Its Yeosu BTX unit is able to produce 240,000 mt/year of benzene, 100,000 mt/year toluene and 55,000 mt/year of solvent-grade mixed xylene.
LG Chem Ltd., often referred to as LG Chemical, is the largest Korean chemical company and is headquartered in Seoul, South Korea. According to ICIS report, it is 15th biggest chemical company in the world in 2011. It has eight domestic factories and global network of 29 business locations in 15 countries. LG Chem is a manufacturer, supplier, and exporter of petrochemical goods, IT&E Materials and Energy Solutions.
MRC