15 March 2011 02:03 [Source: ICIS news]
SINGAPORE (ICIS)--Japanese stocks slumped for the second day on Tuesday, with the benchmark index falling below 9,000, as a third explosion rocked the quake-damaged nuclear facility in ?xml:namespace>
At 09:07 hours
Shares of Tokyo Electric Power, which operates the
Meanwhile, Mitsui Chemicals fell 7.69% and Mitsubishi Chemical declined 6.98%. The two companies have shut down some petrochemical operations in the
Cosmo Oil shares were down 8.14%. The company’s 220,000 bbl/day refinery in
The twin disasters that struck on 11 March wrought havoc in northern
An explosion at the No 2 nuclear reactor at the site occurred on Tuesday morning, the third blast at the
With some of Japan's petrochemical plants shut and other plants operating at reduced capacity because of power outage, exports supply from the country was expected to fall for a time.
The quake and tsunami forced the shutdown of five refineries, which account for about 22% of the country's total refining capacity.
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