05 September 2012 17:53 [Source: ICIS news]
TOKYO (ICIS)-- Japanese chemical producer Prime Polymer plans to wind down operations at its 130,000 tonne/year high-density polyethylene (HDPE) facility at its Anesaki plant in Ichihara, Chiba prefecture, in March 2013, the company said in a statement late on Wednesday.
The move is due to declining domestic demand for HDPE, the company said.
After the closure, the company’s total capacity of HDPE will be 200,000 tonnes/year, it said.
Prime Polymer is a subsidiary of Mitsui Chemicals.
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