IHS Chemical Week

People & Business :: Emerging Companies

Japanese Refining Megamerger Is Likely to Impact Petchems

8:54 AM MST | December 15, 2008 | Ian Young

The planned merger of Nippon Oil (Tokyo) and Nippon Mining Holdings (Tokyo) will have a big impact on Japan’s petrochemical industry because both companies have major petchem capacity, analysts say. The deal, announced early this month, will lead to heavy restructuring. The partners aim to cut refining capacity by 400,000 bbl/day in Japan by April 2012 and reduce their combined annualized costs by more than ¥60 billion ($652 million) by April 2013. The merger is expected to take the form of an acquisition by Nippon Oil of Nippon Mining. The...

This information is only available to Chemical Week subscribers.

Username:
Password:

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

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

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

 

 

 













 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2014 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa