Japan's Idemitsu to shut Chiba OCU on feedstock shortage

02 March 2011 07:48  [Source: ICIS news]

SINGAPORE (ICIS)--Japan’s Idemitsu Kosan plans to shut its joint olefins conversion unit (OCU) in Chiba from the end of March for maintenance and due to a lack of feedstock, a company source said on Wednesday.

“The OCU will be shut from 31 March to 11 August,” he said.

Idemitsu Kosan has a 50 percent stake in the OCU, which can produce 150,000 tonnes/year of propylene. Mitsui Chemicals and Sumitomo Chemical each have a 25% stake.

Idemitsu had said earlier that it would not have butadiene feedstock due to an upstream refinery turnaround in April-May while the supply of ethylene would also be disrupted by a planned maintenance shutdown at Mitsui Chemicals’ 617,000 tonne/year naphtha cracker in July.

Both Idemitsu and Mitsui integrated their operations in October last year to optimise the feedstock selection for their crackers.

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By: Peh Soo Hwee
+65 6780 4359



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