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.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
Asian Chemical Connections