S Korea’s Samsung Total to run cracker at 100% capacity in April

02 April 2013 10:45  [Source: ICIS news]

SINGAPORE (ICIS)--South Korea's Samsung Total will continue to operate its 1m tonne/year cracker in Daesan at full tilt in April, unchanged from previous month’s run rates, a company source said on Tuesday.

Meanwhile, Samsung Total has no plans to buy spot naphtha supply because of its term naphtha deliveries, the source added.

Samsung earlier bought a 25,000 tonne cargo of heavy full-range naphtha for delivery to Daesan in the second half of April. The deal for the cargo was done at a premium of around $33/tonne (€26/tonne) to Japan quotes CFR (cost & freight).

($1 = €0.78)

By: Felicia Loo

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