MOSCOW (MRC) -- South Korea’s SK Global Chemical had restarted its naphtha cracker on Wednesday after a brief but unplanned shutdown earlier in the day, says spokesman of parent company SK Innovation, reported Reuters.
The 660,000 tonnes-per-year (tpy) naphtha cracker was expected to be operating normally on Thursday, he adds.
Located in Ulsan, South Korea, the No. 2 cracker has a production capacity of 690,000 mt/year.
SK Global Chemical also operates a smaller 200,000 tpy cracker.
As MRC informed before, in October 2017, SK Global Chemical, a subsidiary of SK Innovation, entered into an agreement with Dow Chemical to purchase Dow's polyvinylidene chloride (PVDC) business for an undisclosed amount. Through the agreement, SK Global will acquire all of Dow's PVDC business, including its production facility in Michigan, related manufacturing technology and intellectual property, as well as the Saran trademark. According to local sources, the PVDC acquisition is expected to cost under USD86-million.
MRC