S Korea’s YNCC to cut average cracker run rates to 90% in December

30 November 2012 03:08  [Source: ICIS news]

SINGAPORE (ICIS)--South Korea’s Yeochun NCC (YNCC) will be reducing operating rates at its three crackers in Yeosu to 90% in December from 100% in November because of weak margins, company sources said on Friday.

“The average run rate in December will be 90% capacity,” said one source.

YNCC’s three crackers at the site have ethylene capacities of 857,000 tonnes/year; 578,000 tonnes/year; and 465,000 tonnes/year.

“We have some possibility to cut operation further,” said another source.

Additional reporting by Helen Yan and Helen Lee

By: Felicia Loo

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