21 March 2013 08:58 [Source: ICIS news]
SINGAPORE (ICIS)--South Korea’s Yeochun NCC (YNCC) has reduced the operating rates across its three naphtha crackers to 90% capacity this week as planned, a company source said on Thursday.
YNCC’s three crackers - with a combined ethylene nameplate capacity of 1.9m tonnes/year - were running at 100% capacity prior to the incident.
The company is a regular supplier of ethylene to Daelim.
The source said operations may be cut further but a decision has not been reached yet.
Market sources had said that there was a possibility that the cracker run rates could be further reduced to 85% capacity.
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