Poor margin forced FREP to cut cracker rate

Poor margin forced FREP to cut cracker rate
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13.01.2020

MOSCOW (MRC) --В Fujian Refining & Petrochemical Company (FREP)В has reduced the operation rate of their steam cracker by 10-15% due to softer downstream margins, reported CommoPlast with reference toВ market sources.Based in Fujian, China, the cracker has an ethylene production capacity of 1.1 million tons/year.As MRC informed before, FREP last tookВ off-stream its cracker for maintenan

Full article at mrcplast.com

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