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Chemical Market Blog Details

KPIC runs cracker at lower rates

KPIC runs cracker at lower rates

Jun 15, 2026

Korea Petrochemical Industry Co (KPIC) is operating its cracker at curtailed capacity levels. A source in South Korea informed a team member, "The cracker has been operating at reduced capacity since early March 2026 due to a shortage of raw material amid supply constraints caused by geopolitical tensions in the Middle East.” Located in Onsan, South Korea, the cracker has an ethylene production capacity of 900,000 mt/year and propylene production capacity of 460,000 mt/year.
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