Drying equipment

Since mid-March, the prices of Asian polyester fiber industry chains have continued to decline, and many products have seen a sell-off. As the price of raw material paraxylene has increased, the profit of PTA has been squeezed since the fourth quarter of 2011. The market's sluggishness further exacerbated the pessimism in the industry.

Samsung Petrochemical Corporation, the largest PTA manufacturer in Korea with a capacity of 2 million tons per year, decided to advance the planned maintenance of the plant and advance the regular maintenance of the company's 700,000-ton/year PTA plant in Seosan-gu, Chungcheongnam-do, two weeks ahead to March. Conducted on the 24th, the device is scheduled to restart in the fourth week of April, but if the market conditions are not good or extended downtime.

South Korea’s Lotto Group’s KP Petrochemical plans to shut down its 650,000 tonne/year plant in Ulsan for at least two weeks, and another 400,000 tonne/year unit will continue to operate. Taekwang Industrial Co., Ltd. has a capacity of 1 million tons of PTA per year. The company plans to stop work and repair for 10 days in April.

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