02 January 2013 07:47 [Source: ICIS news]
SINGAPORE (ICIS)--South Korea’s Yeochun NCC (YNCC) has raised the operating rates at its three naphtha crackers in Yeosu to 100% of capacity in January from 90% in December, a company source said on Wednesday.
Healthy demand from the derivative polyethylene (PE) sector in the country was a key reason for the hike, he said.
YNCC had trimmed production at the crackers to 90% of capacity in December because of poor margins.
YNCC’s three crackers at the site have a combined nameplate ethylene capacity of 1.9m tonnes/year.
Please visit the complete ICIS plants and projects database
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections