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Naphtha-fed steam cracker runs remain curbed despite high ethylene margins

September 6, 2022 Comments Off

An upswing in ethylene markets has not tempted naphtha-fed steam crackers to increase run rates in September as unhealthy margins to produce derivative downstream products continue to hamper overall economics, leaving the ethylene market facing a short-term supply squeeze due to planned turnarounds. Ethylene supply is expected to tighten with several turnarounds scheduled at naphtha-fed steam crackers slated to begin…