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Maruzen to Shut Down Chiba Cracker Following Unspecified Problem

12:28 PM MDT | July 24, 2012 | Natasha Alperowicz

Maruzen Petrochemical says that Keiyo Ethylene will shut down its only naphtha cracker after an unspecified problem. The 768,000-m.t./year ethylene facility is owned 55% by Maruzen, which itself is 40% owned by Cosmo Oil and 22.5% each by Mitsui Chemicals and Sumitomo Chemical. The plant is located at Chiba, Japan. There is no schedule for restarting the cracker, Maruzen Petrochemical says. The plant was offline for a period of time following last year’s tsunami and earthquake in...

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