03 August 2007 10:39 [Source: ICIS news]
SINGAPORE (ICIS news)--Japan’s Keiyo Ethylene is running its Chiba naphtha cracker this week at 90% as summer heat typically reduces cracker operating rates, a source close to the company said on Friday.
“We are keeping our cracker operating rate slightly lower due to the summer heat. Other than that, there is no known technical problem that is affecting our plant,” the source said.
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Keiyo Ethylene is majority owned by Maruzen Petrochemicals with a 55% stake.
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