Asian naphtha cracker operators are considering a reduction in plant operating rates in H2-10, as per ICIS. Propped by robust variable margins of over US$400/ton helped by a strong performance in the olefins markets, Asian operators were running their naphtha crackers at 90-100% for first few months of the year.
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Wednesday, June 09, 2010
Asian cracker operators mull run rate cuts in H2-10 if earnings continue to erode
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