Poor margin forced China's Fujian Refining to cut cracker rate
Poor margin forced China's Fujian Refining to cut cracker rate
According to market sources, Fujian Refining & Petrochemical Company has reduced the operation rate of their steam cracker by 10-15% due to softer downstream margins.
Based in Fujian, China, the cracker has an ethylene production capacity of 1.1 million tons/year.
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China