Thai ROC keeps 70% cracker op rate

31 October 2008 08:19  [Source: ICIS news]

SINGAPORE (ICIS news)--Rayong Olefins (ROC), which runs Thailand’s largest cracker, has kept the operating rate at its 800,000 tonne/year naphtha cracker at 70% for the past few weeks due to poor market conditions, a company source said on Friday.

 

The lower rates were in line with production levels in the rest of the region’s crackers, which were mostly running at 70-80%, as downstream markets have been hit by the global economic slowdown.

 

The cracker can also produce an estimated 400,000 tonnes/year of propylene, most of which is fed into downstream captive units such as polypropylene (PP).   

 

ROC is a joint venture of Siam Cement, Thailand’s largest conglomerate, and US chemical giant Dow.

 

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By: Steve Tan
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