YNCC restores 100% run rates amid improved petrochemical profits

17-Jul-12
South Korea's YNCC has restored run rates at its 1.9 mln tpa to 100% at its naphtha cracking complex on Monday amid improved petrochemical profits, as per Reuters. Improving demand from China has triggered the improvement. In H2 May, YNCC had reduced utilization rates to 90% in the face of squeezed margins. China is restocking over the last two-three weeks.
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