Japan’s Showa Denko raises Oita cracker ops on low stocks

06 September 2012 11:17  [Source: ICIS news]

SINGAPORE (ICIS)--Japan’s Showa Denko has raised the operating rate at its 695,000 tonne/year naphtha cracker at Oita to above 90% capacity for September because of low inventories, a company official said on Thursday.

The increase is more than 10 percentage points from August’s operating rate.

“We will operate the cracker at above 90% this month because of low inventories and good domestic demand,” he said.

Showa Denko had reduced the cracker operating rates to 80% capacity in August, down from July’s operating rate of 85% capacity because downstream production including polyethylene (PE) and polypropylene (PP) was affected by a lightning strike on 12 August, the official said.

The PE and PP plants are located in Oita. The two PE plants are operated by Japan Polyethylene, with LDPE and HDPE capacities of 120,000 tonnes/year and 200,000 tonnes/year respectively and the PP plant, with a capacity of 226,000 tonnes/year, is operated by Sun Allomer.

By: Helen Lee
+65 6780 4359

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