{
  "id": 6546689,
  "title": "Singapore's Aster plans to raise naphtha cracker utilisation, executive says",
  "url": "https://urgent.news/2026/09/10/singapores-aster-plans-to-raise-naphtha-cracker-utilisation-executive-6546689",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-10T05:19:48.000Z",
  "source": {
    "name": "The Business Times - Companies & Markets",
    "slug": "the-business-times-companies-markets",
    "url": "https://www.businesstimes.com.sg/companies-markets/energy-commodities/singapores-aster-plans-raise-naphtha-cracker-utilisation-executive-says"
  },
  "original_language": "en",
  "account": "Singapore's Aster Chemicals and Energy, a joint venture between Indonesia's Chandra Asri and trading giant Glencore, is set to increase the utilization rate of its naphtha-fed steam cracker, according to a company executive.\n\nCurrently, the naphtha cracker operates at a rate fluctuating between 75% to 80% of its capacity over the past five months. Andre Khor, the CFO and Deputy CEO of Aster, announced this during a Reuters interview at the APPEC conference on September 10th.\n\nThe 1.1 million metric tonne per year cracker is located on Singapore's Bukom Island, where Aster also operates a refining hub, which it acquired from Shell in April 2025. Khor mentioned that Aster is now beginning to supply petrochemicals to its customers.",
  "summary": "The Chandra Asri-Glencore joint venture will also start to supply petrochemicals to buyers",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "The Business Times - Singapore",
        "title": "Singapore's Aster plans to raise naphtha cracker utilisation, executive says",
        "url": "https://urgent.news/2026/09/10/singapores-aster-plans-to-raise-naphtha-cracker-utilisation-executive",
        "published": "2026-09-10T05:19:48.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}