Core Viewpoint - The two major Japanese chemical companies, Idemitsu Kosan and Mitsui Chemicals, have reached a final agreement to integrate their ethylene production operations in Chiba, Japan, which includes the closure of a 370,000 tons/year ethylene facility [1] Group 1: Business Integration - Idemitsu Kosan and Mitsui Chemicals will consolidate ethylene production at Mitsui's Chiba ethylene plant, shutting down Idemitsu's Chiba cracking facility [1] - The integration plan has progressed to the Front End Engineering Design (FEED) stage, focusing on raw material procurement, production, and supply systems [1] - The integration is expected to be completed by 2027, with the closure of Idemitsu's 370,000 tons/year ethylene capacity [1] Group 2: Market Context - The Japanese petrochemical industry is facing a challenging operating environment due to the continuous construction of large petrochemical facilities centered in China and a persistent decline in domestic ethylene demand [1] - The consolidation aims to enhance competitiveness in response to these market changes [1] Group 3: Historical Collaboration - Since 2010, both companies have operated their ethylene production facilities in Chiba through a joint venture, achieving an annual ethylene production capacity of 920,000 tons [1] Group 4: Future Initiatives - Idemitsu Kosan and Mitsui Chemicals will deepen their collaboration to promote the construction of a new generation of green industrial complexes, contributing to resource recycling [2]
又一套乙烯装置,将关停!
Zhong Guo Hua Gong Bao·2025-12-26 09:02