18 June 2013 09:09 [Source: ICIS news]
SINGAPORE (ICIS)--China’s Zhenhai Refining & Chemical Co (ZRCC) is operating its 1m tonne/year naphtha cracker in Ningbo at 70% of capacity following a brief outage, according to sources close to the company on Tuesday.
The cracker was shut in the afternoon of 17 June because of failure at its compressor, but was restarted the following day, they said.
Operating rates at the cracker reached 70% this morning, with resumption to full capacity expected within the week, sources said.
A possible load down in derivatives production in the near term could not be ruled out, as this will depend on the production status of the cracker, the sources said.
ZRCC is a subsidiary of Chinese petrochemical major Sinopec.
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