Japanese Firms Cut Ethylene Production Following Earthquake

Four naphtha crackers are offstream in Japan and several others are running at reduced rates, following the devastating earthquake and tsunami that struck the northeastern coast of the country on March 11, market sources say. The plants were taken offline partly as a precautionary measure and due to power cuts. The difficulties could be compounded by a lack of naphtha caused by the closure of import terminals at Japanese ports. Other logistical difficulties following the earthquake are impeding the transportation of derivative products, sources say. Mitsubishi...

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