Japan's JX Nippon Oil shuts Kawasaki IPA plant after accident

25 April 2012 05:36  [Source: ICIS news]

SINGAPORE (ICIS)--Japan’s JX Nippon Oil & Energy shut its 85,000 tonne/year isopropanol (IPA) plant in Kawasaki on 21 April following an accident, a source close to the company said on Wednesday.

There was no damage to the plant, which taken off line for safety reasons, the source said, without revealing the nature of the accident.

The outage, which could last around nine days, has led the company to delay by a few weeks three cargoes that were initially due to load this week and in early May, the source said.

Traders and importers in southeast Asia – a key market for the Japanese producer – do not expect the shutdown to have any major impact on the market.

“Demand is weak and most distributors have sufficient inventories," a buyer in southeast Asia said.

Separately, another Japanese producer, Mitsui Chemicals, has resumed operations at its 33,000 tonne/year IPA facility in Osaka on 23 April after about two weeks of maintenance, a company source said.

By: Yeow Pei Lin

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