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World News and Views :: Projects
Mitsubishi Delays Polycarbonate Plant Startup in Japan
12:35 PM MDT | August 4, 2008 | Chemical Week Editorial Staff
Mitsubishi Chemical says it has indefinitely postponed starting up a 60,000-m.t./year polycarbonate (PC) plant at Kurosaki, Japan, due to “severely deteriorating” profitability in the PC market. The facility was completed last March and startup had been originally slated for last month. A revised time line for startup will depend on various factors including feedstock and energy costs as well as PC market conditions, Mitsubishi says. The profitability of the PC business is severely deteriorating due to the hike in feedstock and energy costs caused by...
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