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SINGAPORE (ICIS) -- South Korea’s LG Chem has awarded a term import tender for 200,000 tonnes of naphtha for delivery between January and December 2011, traders said on Wednesday.
The cargoes were done at a discount of $4/tonne (?2.90/tonne) to Japan quotes CFR (cost & freight), they said.
LG Chem runs two crackers in Daesan and Yeosu, with nameplate capacities of 760,000 tonnes/year and 1m tonnes/year, respectively.
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