06 April 2012 06:58 [Source: ICIS news]
The cargoes will be sold on a FOB (free on board)
CPC last re-sold IX in early-January as its consumption in the first quarter of the year is lower than expected.
CPC Corp is typically a net buyer of IX, which is used as feedstock at its three Kaohsiung-based paraxylene (PX) and orthoxylene (OX) facilities with a combined nameplate capacity of 660,000 tonnes/year and 170,000 tonnes/year respectively.
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