After plummeting by almost 30% in Q4-08, demand from China in Q1-09 improved, leading to increased run rates at Singapore's petrochemical plants. The plants are reported to have run at 90-95% capacitiies as demand from China recovered to 90% of what it was before the onset of the global economic downturn.
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Tuesday, May 05, 2009
Petrochemical plants in Singapore ran at near-full capacities in Q1
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