NewsFlashTaiwan’s FPCC eyes more cuts in cracker run rates from 90%

11 May 2012 04:35  [Source: ICIS news]

SINGAPORE (ICIS)--Taiwan’s Formosa Petrochemical Corp has reduced the operating rates across its three naphtha crackers in Mailiao to 90% capacity this month because of sharp declines in olefins prices, a company source said on Friday.

“We are considering to lower the cracker operating rates further to 85%,” the source said in Mandarin.

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