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(Bloomberg) -- GS Caltex Corp.’s oil
refinery at Yeosu Industrial Complex in South Korea remained shut after a power
failure yesterday, company officials in Seoul said. Most plants, including all
crude distillation units, were closed and it may be difficult to restart
operation today, said the officials, who wouldn’t be identified, citing company
policy.
GS Caltex, South Korea’s No. 2 oil refiner, has four distillation units in
Yeosu with a total capacity of 750,000 barrels a day.
The complex 455 kilometers (282 miles) south of Seoul lost power at 4:10
p.m. local time yesterday and electricity supply was restored about 20 minutes
later, according to GS Caltex. The Yeosu complex includes the plants of about 30
oil and petrochemical companies including GS Caltex, LG Chem Ltd., Yeochun NCC
Co. and Honam Petrochemical Corp.
Yeochun NCC, the country’s biggest ethylene producer, didn’t shut any of its three naphtha
crackers at the complex, a company official in Seoul said by phone yesterday.
mrcplast.com
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