06 April 2012 05:02 [Source: ICIS news]
MELBOURNE (ICIS)--Japan’s Showa Denko on 4 April restarted its joint-venture 100,000 tonne/year ethyl acetate (etac) plant in Oita, a market source said on Friday.
Another market source said the plant is running at about 60-70% of capacity, after a company source declined to give operational details because of company policy.
The etac unit was taken off line around mid-March because of a feedstock supply shortage caused by the extended shutdown of Showa Denko’s cracker at Oita.
The plant, which is operated under Japan Ethyl Acetate, is 55% owned by Showa Denko and 45% owned by KH Neochem (formerly Kyowa Hakko Chemical).
In addition to the Oita facility, Showa Denko operates a 50,000 tonne/year etac plant at Merak in Indonesia.
In 2010, Showa Denko closed down its 150,000 tonne/year etac plant at Tokuyama in Yamaguchi prefecture because of the business climate in Japan, a company source said at the time.
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|