Japan’s Maruzen may run Chiba cracker at 85% into December

09 November 2012 08:39  [Source: ICIS news]

SINGAPORE (ICIS)--Japanese chemical producer Maruzen Petrochemical may maintain an 85% operating rates at its 520,000 tonne/year naphtha cracker at Chiba into December on prevailing low margins amid weakness in downstream markets, a company official said on Friday.

“The average cracker operating rates for this month will be 85% and it may be the same in December,” the official said.

The company last trimmed the cracker’s run rates in September – to 85% from 86-87% in August.

By: Helen Lee
+65 6780 4359

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