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
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