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.
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