MOSCOW (MRC) -- Mitsubishi Chemical is in plans to shut its naphtha cracker for a maintenance turnaround, according to Apic-online.
A Polymerupdate source in Japan informed that the company is likely to undertake planned turnaround at the cracker in early-May, 2018. The cracker is expected to remain under maintenance for a period of around two months.
Located at Kashima in Japan, the cracker has an ethylene production capacity of 540,000 mt/year and a propylene capacity of 260,000 mt/year.
As MRC informed before, in July 2016, Mitsubishi Chemical Holdings unveiled plans to sell its PTA business, the primary raw material used to manufacture various polyester products and polyethylene terephthalate (PET), in India and China amid profitability concerns with oversupply of the acid, mainly from China.
Mitsubishi Chemical with headquarters in Tokyo, Japan, is a diversified chemical company involved in petrochemicals, polymers, agrochemicals, speciality chemicals and pharmaceuticals. The company's main focus is on three business pillars: petrochemicals, performance and functional products, and health care.
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