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YNCC to start up new butadiene plant in Yeosu

October 19/2020

MOSCOW (MRC) -- Yeochun Naphtha Cracking Centre (YNCC) plans to start up its new butadiene plant in Yeosu around the end of this year, reported S&P Global with reference to market participants.

The new plant's capacity will be 130,000 mt/year of butadiene. 

Market participants see supplies in Asian butadiene to likely increase as new butadiene plants, including the one of YNCC, are due to start up in the region.

As reported earlier, YNCC has restarted its No. 1 naphtha cracker following a maintenance turnaround. The company resumed operations at the cracker on June 21, 2019. The cracker was taken off-stream on May 20, 2019. Located at Yeosu,South Korea, the cracker has an ethylene capacity of 860,000 mt/year and propylene capacity of 485,000 mt/year.

YNCC also has two other crackers at this site. Thus, the production capacity of its No. 2 naphtha cracker in Yeosu is 578,000 tonnes of ethylene per year ant that of its No.3 cracker - 470,000 tonnes of ethylene per year.

Butadiene is the main feedstock for the production of acrylonitrile-butadiene-styrene (ABS).

According to MRC's ScanPlast report, Russia produced 42,900 tonnes of polystyrene (PS) and styrene plastics in July, 2020, up by 5% year on year. Russia's ABS output totalled 1,100 tonnes over the stated period. At the same time, July estimated consumption grew in the ABS sector by 13% year on year to 4,300 tonnes (3,790 tonnes a year earlier).

South Koreas Yeochun NCC (YNCC) pyrolyzes naphtha to produce basic feedstock materials for the petrochemical industry. YNCC, a joint venture between South Korean firms Hanwha and Daelim, is a key exporter of ethylene and propylene in the country.
Author:Margaret Volkova
Tags:PS, ABS, butadien, propylene, ethylene, YNCC, Russia, South Korea.
Category:General News
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