28 May 2012 05:50 [Source: ICIS news]
“We are looking at reducing the cracker operating rate to 70% or lower depending on the situation,” the source said, adding that the plant is currently running at 95% of capacity.
IRPC buys propylene from the domestic market for its derivative polypropylene (PP) production and the new metathesis unit is expected to help meet part of its feedstock requirements.
The company also operates an existing deep fluid catalytic cracking (DCC) unit at the site that can produce around 120,000 tonnes/year of propylene. The DCC has been running at around 80% of capacity this month, the source said.
Integrated polyethylene (PE) margins in northeast
($1 = €0.80)
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