23 May 2008 04:22 [Source: ICIS news]
SINGAPORE (ICIS news) -- Petrochemical Corp of Singapore (PCS) will shut its No 1 naphtha cracker in mid-July for 40 days of scheduled maintenance, a company source said on Friday.?xml:namespace>
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There were no plans to turn around its No 2 cracker which produces 615,000 tonnes/year of ethylene, the source said.
“There will be no maintenance until 2011 or 2012,” he said.
Both crackers were currently running at reduced rates of 85-90% due to prevailing high feedstock naphtha costs, he added.
The company is a 50:50 joint venture of Japan-Singapore Petrochemicals Co and oil major Shell.
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