Asia phenol and acetone participants have been rattled by reduced supply, with South Korea’s Yeosu-based LG Chemical’s production heard to have been cut to 60% following a fire, alongside turnarounds at Kumho P&B, Japan’s Mitsui Chemicals, and China’s Formosa Plastics. Derivative cumene demand is strong, but the mood is weighed down by scheduled capacity additions in China, with Shandong Lihuayi, Formosa Plastics, and a restart pending at Zhejiang Petrochemicals.