06 March 2013 07:13 [Source: ICIS news]
SINGAPORE (ICIS)--India’s Haldia Petrochemical raised the operating rate of its 130,000 tonne/year benzene unit to 80% capacity in March from February at 70% capacity, on the back of more feedstock naphtha, a company source said on Wednesday.
“We are keeping our fingers crossed to increase the operating rates [of the benzene unit],” the company source said.
Previously in end February, Haldia floated a tender to sell 3,000 tonnes to sell for end March loading and the tender was closed at a premium of low-$10s/tonne to FOB (free on board) southeast (SE) Asia, market players said.
The other Indian benzene producers are Reliance Industries Ltd (RIL) and Indian Oil.
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