Japan's resin production rises 4% in October month on month

07 December 2010 02:38  [Source: ICIS news]

TOKYO (ICIS)--Japan’s production of resins rose 4% to 952,500 tonnes in October from the previous month on preliminary basis, the Japan Plastics Industry Federation (JPIF) said late on Monday.

This was a 0.7% decrease from the same time a year before, according to the industry association.

Among different resins, the production of epoxy resin showed the highest month-on-month increase of 12% to 16,396 tonnes, but a decrease of 0.8% year on year, based on JPIF’s official data.

The production of fluorine resin fell by 23% from the previous month to 2,257 tonnes, the largest decrease among all resins, but an increase of 38% year on year, the data showed.

“If you look at the long-term trend [of Japan’s resin production], production declined from January through March [2010],” Suzuki said.

“After March, because [the plants’] scheduled maintenance took place one after another, [monthly production] remained at around 1m tonnes all the way [through October],” he added.

“From October, it looks like production started to increase,” Suzuki said.

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By: Tomomi Yokomura
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