Recent rise in price of feedstock naphtha has impacted margins of cracker operators in Asia. As a result, these cracker operators are considering a reduction in run rates in March as per ICIS. Ethylenne margins based on naphtha feed fell in NE Asia into negative territory during the week ended 2 March.
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Tuesday, March 13, 2012
Cracker operators in Asia mull run rate cuts in March as margins get hit by hike in feedstock prices
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