31 May 2013 08:08 [Source: ICIS news]
SINGAPORE (ICIS)--Taiwan’s CPC Corp is targeting to start up its 600,000 tonne/year No 6 naphtha cracker in Linyuan by the end of June, a company source said on Friday.
The company had mothballed its 230,000 tonne/year No 3 naphtha cracker at the same site in June 2012 to make way for the new cracker.
Some of CPC’s customers said they had been notified by the producer to take more domestic ethylene cargoes from July, which could mean a decline in imports into Taiwan in the second half of the year.
Taiwan imported 348,415 tonnes of ethylene last year, market sources said.
Separately, the CPC source added that the company now plans to shut its 385,000 tonne/year No 4 naphtha cracker in Linyuan at the end of September for 90 days of scheduled maintenance.
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