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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
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