S Korea’s Hanwha runs PA plant at 20% after unexpected shutdown

Singapore (Platts)–29Dec2011/359 am EST/859 GMT South Korea’s Hanwha Chemical restarted its 80,000 mt/year phthalic anhydride plant at Ulsan on Wednesday after it was shut unexpectedly on December 22 due to a mechanical problem, a company source said Thursday. Hanwha is currently operating the plant at a 20% production rate after Wednesday’s restart. The plant was […]

Neste Oil to sell its holding in an iso-octane plant in Canada

Neste Oil is to sell its 50% holding in an iso-octane plant in Edmonton, Canada to Canada’s Keyera Corp. The plant has an annual nameplate capacity of 520,000 tons and employs 100 people. Neste Oil will sell its whole asset, which is valued at USD 99 million or over euro 70 million. Furthermore Neste Oil […]