MOSCOW (MRC) -- Denka Co. Ltd., formerly Denki Kagaku Kogyo Kabushiki Kaisha, has decided to boost the competitiveness of its Chiba, Japan, facility by streamlining its utilities, as per GV.
This move, Denka explained, is in line with the company’s policy of promoting close cooperation among companies throughout the Maruzen Petrochemical complex in Chiba, including oil refineries and plants producing ethylene and its derivatives.
Currently, Denka has two boilers at Chiba that provide steam and electricity for its styrene monomer and styrene based functional resin production, as well as polymer processing facilities. The company plans to shut down one boiler and associated power generation system in June in conjunction with scheduled maintenance, while the other boiler, which is equipped with a highly efficient gas turbine power generation system, will continue to operate.
The resulting shortfall in steam supply will be met by Maruzen’s Chiba ethylene facilities under an agreement between Denka and Maruzen.
Denka noted this plan will help decrease both steam procurement cost and costs for the maintenance, upgrading and repair of boilers, resulting in an estimated annual savings of about JPY 300-million. At the same time, Maruzen will benefit because the Denka facilities will consume a steady supply of steam by-product from Maruzen’s ethylene production.
Going forward, Denka said it also plans to increase cooperation with other companies in the Maruzen complex to enhance the competitiveness of the complex as a whole and decrease the site’s total carbon dioxide emissions.
As MRC reported earlier, in 2013, Denka, in order to accelerate business development to meet market demand, reorganized six business divisions into four units and renamed some of its departments.
Thus, the former Electronic Materials, Styrene, Chemicals, Cement and Special Cement Additives, Living and Environmental Products and Medical Sciences Divisions were transformed into the Elastomers & Performance Plastics, Infrastructure & Inorganic Materials, Electronics & Innovative Products and Life Sciences & Environment Products business units. In addition, the Elastomers & Acetylene Black Dept. was renamed the Organic Chemicals Dept., the Agri-Products Dept. is now the Fertilizer Dept., and the Adhesives & Solutions Dept. is the Tapes & Adhesives Dept.