Mitsui Chemicals and Idemitsu Kosan Link in Chiba Cracker JV

Mitsui Chemicals and Idemitsu Kosan have formed an equally owned joint venture to operate their two naphtha crackers at Chiba, Japan in a move which will save the two firms a combined Y3 billion/year within 18 months, the companies say. Mitsui and Idemitsu last May submitted proposals to the Ministry of Economy, Trade and Industry (METI; Tokyo) a plan to optimize their Chiba cracker operations. Mitsui Chemical operates a 553,000-m.t./year naphtha cracker at Chiba while Idemitsu runs a 374,000-m.t./year plant. The move will increase the two companies'...

This information is only available to Chemical Week subscribers.

Forgot your user ID or password?
Click here to have it sent to you.

Email Address First Name Last Name

Not an IHS Chemical Week 24/7 member yet? Here's why you should be: Searchable online archive access of the last 2 years of Chemical Week. Print or digital magazine subscription Price and market change alerts Economic data and statistics Buyers' Guides Webcasts | whitepapers