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YNCC restarted No. 2 cracker in South Korea and achieved on-spec output

January 25/2021

MOSCOW (MRC) -- Yeochun Naphtha Cracking Centre (YNCC) restarted the No. 2 naphtha cracker in Yeosu, South Korea with a delay on 17 January 2021 following a two-and-a-half-month shutdown for expansion, reported CommoPlast with reference to market sources.

The initial start-up was scheduled on 14 January, 2020.

The expanded cracker is now capable of producing 915,000 tons/year of ethylene, up from the previous 580,000 tons/year and 550,000 tons/year of propylene, up from 270,000 tons/year previously. Sources reported that the cracker has reached on-spec ethylene output at night on 20 January.

As MRC informed earlier, the company took No.2 cracker off-stream around the third week of October 2020 for two months of maintenance.

YNCC is a joint venture between South Korean firms Hanwha and Daelim. The new ethylene capacity would be supplied to Daelims new mPE plant at the adjacent location.

YNCC owns two other naphtha crackers in Yeosu with a combined capacity of 1.325 million tons/year.

Ethylene and propylene are feedstocks for producing polyethylene (PE) and polypropylene (PP).

According to MRC's DataScope report, PE imports to Russia decreased in January-November 2020 by 17% year on year and reached 569,900 tonnes. High density polyethylene (HDPE) accounted for the greatest reduction in imports. At the same time, PP imports into Russia increased by 21% year on year to about 202,000 tonnes in the first eleven months of 2020. Propylene homopolymer (homopolymer PP) accounted for the main increase in imports.

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:PP, PE, LLDPE, homopolymer PP, propylene, HDPE, ethylene, YNCC, Russia, South Korea.
Category:General News
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