South Korea's KPIC raises cracker op rate to 90% in Jan

13 January 2009 09:19  [Source: ICIS news]

SINGAPORE (ICIS news)--Korea Petrochemical Industry Co (KPIC) has raised the operating rate at its 460,000 tonne/year naphtha cracker in Onsan to around 90% in January, a company source said on Tuesday.

The company lifted the rate by 10 percentage points due to improved polymer demand, the source said.

"We may increase to 100% in February," said the source, adding that the decision would depend on market conditions.

The cracker has been running at a reduced rate since October.

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By: Peh Soo Hwee
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