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Taekwang reduces ACN plant capacity & plans turnaround
05 Feb '13
1 min read
South Korea based Taekwang Industrial has reduced operating capacity of its Acrylonitrile (ACN) plant located in Ulsan.
Taekwang is also planning to undertake a maintenance turnaround at the plant in February 2013.
“Due to poor demand in the ACN market and also due to fall in market prices, we have reduced operating rates to 80 percent”, a company official informed fibre2fashion.
He further said that, “The plant will undergo for a maintenance turnaround on February 20, 2013 and is likely to remain shut for a period of 21 days.”
The ACN plant based in Ulsan has a production capacity of 290,000 tons/year.
Fibre2fashion News Desk - India
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