RELEASED ON 25/03/13 (DD/MM/YY)
Sumitomo Chemical is close to a decision to reduce production of petrochemical derivatives by downsizing or permanently closing production facilities at its Chiba factory. The reduction will represent about 200,000 t/y of ethylene equivalents.
The main ethylene derivatives at the site include low-density polyethylene, linear LDPE and ethylene vinyl-acetate emulsion. Subsidiary Nihon Oxirane produces styrene monomer at the site. "We'll cut production capacities for multiple derivatives," said president Masakazu Tokura.
The cutbacks are part of the program to permanently shut down the 415,000-t/y ethylene plant by fall 2015 during a routine maintenance shutdown. Ethylene production at the site will be integrated into the 768,000-t/y ethylene production at Keiyo Ethylene, a joint venture with Maruzen Petrochemical.
The downsizing is intended to reduce Sumitomo's petrochemical operations in Japan from 600,000 t/y to 400,000 t/y in terms of ethylene production capacity.
SOURCE Japan Chemical Web
Sumitomo Chemical is close to a decision to reduce production of petrochemical derivatives by downsizing or permanently closing production facilities at its Chiba factory. The reduction will represent about 200,000 t/y of ethylene equivalents.
The main ethylene derivatives at the site include low-density polyethylene, linear LDPE and ethylene vinyl-acetate emulsion. Subsidiary Nihon Oxirane produces styrene monomer at the site. "We'll cut production capacities for multiple derivatives," said president Masakazu Tokura.
The cutbacks are part of the program to permanently shut down the 415,000-t/y ethylene plant by fall 2015 during a routine maintenance shutdown. Ethylene production at the site will be integrated into the 768,000-t/y ethylene production at Keiyo Ethylene, a joint venture with Maruzen Petrochemical.
The downsizing is intended to reduce Sumitomo's petrochemical operations in Japan from 600,000 t/y to 400,000 t/y in terms of ethylene production capacity.
SOURCE Japan Chemical Web