Japan’s Asahi Kasei runs Nobeoka adipic acid plant at around 70%
04 July 2012 11:25 [Source: ICIS news]
SINGAPORE (ICIS)--?xml:namespace>Japan’s adipic acid (ADA) producer Asahi Kasei is currently running its 120,000 tonne/year plant at Nobeoka in Miyazaki prefecture at reduced rates, citing poor demand, a company source said on Wednesday.
“We are running our plant at around 70% or less, because the demand is weak and the rising feedstock benzene prices also squeezed our margins,” the source said.
ADA is primarily used in the production of nylon 6,6 (or polyamide 6,6), as well as in the manufacture of polyurethane, which is used in the soles of shoes and in polyester resins.
($1 = €0.79)By: Judith Wang+65 6780 4359
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