Energy Singularity
Selected information on refinery & chemical plants and market information in the energy industry. News that matters.
Technology articles on mankind's race towards energy singularity. A perspective.
 

 

Energy singularity means a point where our source of energy is almost infinite, coming from the renewable sources and completely accessible to everyone on the planet.

03 October 2008

Samsung Petrochemicals Running Reduced Capacity

Samsung Petrochemicals's PTA plant is currently operating at reduced capacity levels due to a regular maintenance turnaround. The PTA plant which is now running at 75% capacity is located at Daesan with production capacity of 700,000 metric tons per year.

However, it is expected that the PTA plant will resume production at lower rates especially as many petrochemical plants in South-East Asia are reducing their operating levels due to poor operating margins and decline in demand for petrochemical products from downstream players. This is mainly due to the current financial crisis and the doom of commodity prices.

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