19 September 2012 03:32 [Source: ICIS news]
“We may cut operating rates at the crackers from 1 October as the downstream PE market is weak,” he said, adding that the extent of the rate cuts has not been finalised yet.
The company’s 1.03m tonne/year No 2 cracker was restarted on 14 September as scheduled following its routine maintenance and it is currently running at full capacity.
FPCC also runs a 700,000 tonne/year No 1 cracker and a 1.2m tonne/year No 3 cracker in Mailiao. These two crackers are also running at full capacity, the official added.
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