JAPAN DISASTER: Toyota to resume normal production by December

22 April 2011 09:39  [Source: ICIS news]

SINGAPORE (ICIS)--Japan's Toyota Motor expects production at its factories to return to normal by December, the car maker said on Friday.

The automaker will begin raising production levels in July at its factories in Japan and around August at its overseas plants, depending on the region and model, Toyota said in a statement.

“We expect to return production to normal sometime around November or December,” the statement said.

Toyota and other Japanese automakers such as Honda Motor and Nissan Motor have been hit by power cuts and disruptions to the supplies of parts after the earthquake and tsunami that hit the country’s northeast on 11 March.

Toyota restarted limited production at its domestic plants on 18 April. Production at its factories North America, China and Japan have been slowed down until 3 June.

Meanwhile, production cuts in Europe are expected to last through the end of May.

The automobile industry is a large end-market for materials such as polypropylene (PP), nylon, acrylonitrile butadiene styrene (ABS), polyurethane (PU) flexible foam, synthetic rubber as well as paintings and coatings.

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By: Nurluqman Suratman



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