MOSCOW (MRC) -- Hyundai Cosmo Petrochemical has shut its No 2 aromatics plant owing to technical issues, reported Apic-online.
A Polymerupdate source in South Korea informed that the plant was shut on December 11, 2013. A restart schedule for the plant has not been confirmed.
Located at Daesan, South Korea, the plant has a PX production capacity of 800,000 mt/year and benzene production capacity of 120,000 mt/year.
As MRC informed ealier, PTT Global Chemical has recently awarded an engineering, procurement and construction (EPC) contract to SK Engineering and Construction and PTT Maintenance and Engineering for a debottlenecking project that will increase aromatics capacity by 16% to about 1.2-million t/y at its Aromatics II complex in Rayong, Thailand, said Apic-online.
The approximately USD128.8-million project will increase paraxylene capacity to 770,000 t/y from 655,000 t/y, benzene capacity to 390,000 t/y from 355,000 t/y and will add 20,000 t/y of orthoxylene capacity. Completion of the expansion is scheduled for the end of 2015.
HC Petrochemical manufactures and markets paraxylene. The company was founded in 2009 and is based in Seosan Si, South Korea. HC Petrochem is a joint venture between Cosmo Oil and Hyundai Oilbank.