MOSCOW (MRC) -- Idemitsu Kosan is likely to shut its naphtha cracker for a maintenance turnaround, reported Apic-online.
A Polymerupdate source in Japan informed that the cracker is scheduled to be taken offstream for maintenance in September 2016. The shutdown is expected to remain in force till end-October 2016.
Located at Tokuyama in Japan, the cracker has an ethylene production capacity of 623,000 mt/year and propylene capacity of 450,000 mt/year.
As MRC reported before, Idemitsu in July 2015 signed an agreement to acquire Shell’s 33.24% stake in its Japanese venture Showa Shell Sekiyu KK for JPY 169 billion (approximately USD1.4 billion).
Idemitsu Kosan is a Japanese petroleum company. It owns and operates oil platforms, refineries and produces and sells petroleum, oils and petrochemical products. The company runs two petrochemical plants in Chiba and Tokuyama. The two naphtha crackers can produce up to 997,000 tonnes of ethylene per year.
MRC