04 October 2012 05:18 [Source: ICIS news]
“Now we have no need to cut operating rates but we may operate at under 80% capacity mainly at the
The company is currently running its other 450,000 tonnes/year naphtha cracker in
Meanwhile, the company may have up to four spot ethylene cargoes of around 3,000 tonnes each available for sale for loading in November, depending on the economics, according to the official.
Selling ideas are mentioned at a minimum of $1,360-1,370/tonne (€1,047-1,055/tonne) CFR (cost and freight)
Talks may commence next week, the official added.
($1 = €0.77)
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