Taiwan CPC assesses offers in naphtha tender; crackers run high

04 January 2011 02:36  [Source: ICIS news]

SINGAPORE (ICIS)--Taiwan’s CPC Corp is assessing offers in a tender to buy 75,000 tonnes of naphtha for delivery into Kaohsiung in the second half of February, a company source said on Tuesday.

The tender closed on 3 January, with offers to stay valid until 5 January, he added.

The company’s three naphtha crackers were operating at 90-95%, the source said.

CPC runs two crackers in Kaohsiung, namely the No 3 cracker which can produce 230,000 tonnes/year of ethylene, and the No 5 cracker with a nameplate ethylene capacity of 500,000 tonnes/year.

The company also operates a No 4 cracker in Linyuan with a nameplate capacity of 385,000 tonnes/year.

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By: Felicia Loo

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