NewsFlashSinopec cuts operating rate at crackers to 90% in November

02 November 2011 02:57  [Source: ICIS news]

SINGAPORE (ICIS)--China’s Sinopec has trimmed the operating rate at its naphtha crackers this month, partly because of tight diesel supply and weak market conditions in the derivative polymer markets, a company source said on Wednesday.

The operating rate was reduced to around 90% this month from an average operating rate of 95% in October, said the source but declined to elaborate.

Angie Li contributed to the story

By: Peh Soo Hwee
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