S Korea's LG Chem to continue running naphtha crackers at 100%

29 June 2010 08:50  [Source: ICIS news]

SINGAPORE (ICIS news)--LG Chem will maintain maximum rates at its naphtha crackers in South Korea amid healthy propylene margins, a company source said on Tuesday.

LG Chem operates a 760,000 tonne/year naphtha cracker in Daesan and a newly-expanded 1m tonne/year cracker in Yeosu.

“The operating rates are 100% because the propylene margins are good,” the source said.

After the debottlenecking, LG Chem also was planning to shut the Daesan cracker for expansion works in March next year to boost the capacity to 910,000 tonnes/year.

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By: Felicia Loo

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