Home breadcru News breadcru Petrochemicals breadcru HC Petrochem operates No.2 PX plant at curtailed capacity

HC Petrochem operates No.2 PX plant at curtailed capacity

18 Oct '13
1 min read

Hyundai Cosmo (HC) Petrochemical Ltd. is currently operating its Daesan, South Korea-based No.2 Paraxylene (PX) plant at curtailed capacity.
 
“The No. 2 PX plant is running at 70 percent of its production capacity due to weak market fundamentals,” a company official told fibre2fashion.
 
The plant has capacity to produce 800,000 mt/year of PX.
 
In August this year, HC Petrochem was operating the plant at 80 percent capacity, and the company has now further reduced its operating rate.
 

Fibre2fashion News Desk - India

Get Free Weekly Market Insights Newsletter

Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!