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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 Korea’s 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. |
