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Taiwan's CPC Corp restarts its naphtha cracker

January 25/2012

(Plastemart) -- Taiwan's CPC Corp has restarted its 380,000 tpa No. 4 naphtha cracker this week following a routine maintenance, but operational rates will be kept low.

The unit was shut in December for maintenance and restarted on Thursday but runs at the unit will stay below full-tilt due to sluggish demand in the Lunar New Year period.

CPC has two other crackers, of which the smaller of the three units- a 230,000 tpa No. 3 cracker -- will be shut permanently around April.

That would reduce its naphtha demand until it commissions a new 700,000 tpa cracker by end 2012 or early 2013.

Author:Marina Ivanova
Tags:naphta, oil.
Category:General News
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