出光兴产、三井化学整合千叶乙烯业务

Core Viewpoint - Idemitsu Kosan and Mitsui Chemicals have successfully advanced their ethylene production capacity integration plan to the Front-End Engineering Design (FEED) stage, consolidating ethylene production in Chiba [1] Group 1: Company Actions - The ethylene production business in the Chiba region will be centralized at Mitsui Chemicals' Chiba ethylene plant, leading to the shutdown of Idemitsu Kosan's Chiba cracking facility [1] - The integration work is expected to be completed by 2027, with Idemitsu Kosan's Chiba cracking facility having an ethylene production capacity of 370,000 tons per year [1] - After the integration, Mitsui Chemicals' Chiba ethylene plant, with a capacity of 550,000 tons per year, will become the only operating cracking production base in the area [1] Group 2: Industry Trends - This integration reflects a broader trend of consolidation in the Japanese petrochemical industry, as seen with the recent formation of Setouchi Ethylene LLC by Mitsubishi Chemical, Asahi Kasei, and Mitsui Chemicals to optimize ethylene production in western Japan [1] - Since 2010, Idemitsu Kosan and Mitsui Chemicals have been collaborating through a joint venture, Chiba Chemical Manufacturing LLC, to optimize their respective ethylene production facilities [1]