Improved ethylene margins could prompt Indonesian producer to raise cracker rate

Indonesia's Chandra Asri could consider raising operating rates at it's 600,000 tpa ethylene et cracker at Anyer that has been running at 80-85%. Poor margins triggered by rising crude and feedstock values, had led to reduced rates since early April. Ethylene margins, in mid March, were negative by US$200-250/mt. Recent weeks have seen an improvement in ethylene margins due to an increase in ethylene prices and reduced naphtha costs. Margins were only negative by US$5-10/mt by second week July. If petrochemical margins are sustainably better, the Indonesian major might raise operating rates, next month, at its naphtha-fed steam cracker.
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 Kautex KB15 blow moulding Machine

Kautex KB15 blow moulding Machine