Tuesday, October 07, 2008

Weak downstream demand defers start-up at CPC's No.5 naphtha cracker

Taiwan's state-owned oil refiner, CPC Corporation has further deferred resumption of operations at its Kaohsiung-based No.5 naphtha cracker. The start-up of the 500,000 tpa cracker, earlier scheduled for Sep 29, will further postpone owing to sluggish demand of downstream products like ethylene and propylene.

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