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Asahi Kasei to close several petrochemical plants in Japan, moves ahead with cracker JV with Mitsubishi Chemical

7:22 AM MST | February 25, 2014 | Deepti Ramesh

Asahi Kasei says it will close permanently several petrochemical production plants in Japan and, with Mitsubishi Chemical, is also moving ahead with the previously announced plan to unify their respective naphtha crackers at Mizushima, Japan. Asahi says it will close a 150,000-m.t./year acrylonitrile plant at the company’s manufacturing site at Kawasaki by August 2014; a 320,000-m.t./year styrene plant at Mizushima will be closed by March 2016; a 65,000-m.t./year acrylonitrile butadiene styrene (ABS) plant at Mizushima will be closed by December 2015...

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