Wednesday, May 14, 2008

Lotte Daesan defers buying H2 June spot cargo as it delays naphtha unit restart

South Korea's Lotte Daesan Petrochemical has delayed the restart of its 650,000 tpa naphtha cracker scheduled to come onstream on May 9, due to undisclosed reasons. The company has deferred plans to bbuy H2 June spot cargo as it is planning to expand the unit's capacity to 1 million tpa after maintenance from April 1 to May 9.

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