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Petchem pressure on Asia naphtha.
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- Author(s): LOO, FELICIA; Lee, Helen
- Source:
ICIS Chemical Business. 9/24/2012, Vol. 282 Issue 8, p22-22. 1/2p.
- Subject Terms:
- Additional Information
- Subject Terms:
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- Abstract:
The article discusses forecasts of naphtha chemical price decreases in Asia in response to lower petroleum chemical industry demand. Particular focus is given to the decision by the petrochemical company Maruzen Petrochemical to reduce the operating rate at its naphtha cracker in Chiba, Japan. Topics include ethylene price margins, proposed operating rate cuts at a PTT Global Chemical (PTTGC) plant in Thailand, and the restart of a naphtha plant by Formosa Petrochemical Corp. (FPCC) in Taiwan.
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