Japan’s Maruzen to maintain naphtha cracker run rates at 85-90%

01 April 2013 03:05  [Source: ICIS news]

SINGAPORE (ICIS)--Japanese chemical producer Maruzen Petrochemical will maintain the run rates of its naphtha cracker in Chiba at 85-90% capacity in April, unchanged from the operating levels in March, a company source said on Monday.

Meanwhile, the company has no plans to buy any spot naphtha supply given the reasonably low run rates, the source added.

Maruzen typically acquires half of its naphtha supply via term contracts and the rest by spot purchases, the source said.

For 2013, Maruzen has no plans to carry out any major turnaround at the Chiba-based naphtha cracker.

By: Felicia Loo

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