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Japan January ethylene output jumps on China demand

February 15/2010

TOKYO (Reuters) -- Japanese ethylene production jumped 33.7 percent in January from a year ago, government data showed on Monday, on the back of healthy plastic demand from China.


Ethylene output totalled 670,100 tonnes last month, up from 501,300 tonnes a year earlier, the Ministry of Economy, Trade and Industry said.


Ethylene is used to produce polyethylene -- the world"s most popular plastic used for products such as grocery bags and toys -- in South Korea, Japan and Taiwan, which is then exported to China.


The export volume of ethylene soared 45.1 percent to 233,200 tonnes in December from a year earlier. The January export figures have not yet been released.


January saw no maintenance-related plant shutdowns in Japan, the same as a year ago, the trade ministry said.

 

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Japan January ethylene output jumps on China demand

 

 

 




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