Japan’s Idemitsu cuts op rates to 75-80% in Nov
18 November 2008 05:48 [Source: ICIS news]
SINGAPORE (ICIS news)--Japan’s Idemitsu Kosan reduced operating rates at its two naphtha crackers to 75-80% in November due to weak demand, a company source said on Tuesday.
"We plan to keep this level in December and January," he said.
Idemitsu runs a 374,000 tonne/year cracker in Chiba and also operates a 623,000 tonne/year cracker in Tokuyama.
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By: Peh Soo Hwee
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