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
+65 6780 4359



AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly