Japan's August ethylene, polymers output increases - JPCA

21 September 2012 11:40  [Source: ICIS news]

TOKYO (ICIS)--Japan’s production of nine out of 18 primary chemicals including ethylene increased in August from the previous month due to operating factors, while output of the remaining nine decreased, the country's industry association said on Friday.

Other than ethylene, the output of chemicals including high-density polyethylene (HDPE), polypropylene (PP), vinyl chloride monomer (VCM), ethylene glycol (EG), butadiene rubber (BR), benzene and toluene was higher in August than July, the Japan Petrochemical Industry Association (JPCA) said.

BR showed the highest rate of increase in production at 24,600 tonnes, up by 36% month on month, followed by VCM, which stood at 202,800 tonnes, a 22% increase from the previous month, according to JPCA.

The country’s production of PP rose by 20% to 219,100 tonnes in August from July, while 363,600 tonnes of benzene was produced, a 6% year-on-year increase, the JPCA data showed.

The association also announced year-on-year statistics. Japan’s output of 14 chemicals out of 18 - including ethylene, low-density polyethylene (LDPE), styrene monomer (SM), VCM, polyvinyl chloride (PVC), methyl methacryl (MMA) monomer, ethylene oxide (EO) and EG - declined in August from the same time a year earlier because of operating factors, while output of four products increased, JPCA said.

Production of acetaldehyde was down by 35% year on year to 11,400 tonnes in August, the largest rate of decrease among all 14 chemicals, followed by acrylonitrile (ACN), which stood at 47,800 tonnes, a 22% decline from the year-earlier period, based on the association data.

Japan produced 562,600 tonnes of ethylene in August, a 7.6% increase from July, and an 8.1% decrease from August 2011, the data showed.

The average operating rate of the country’s naphtha crackers was 87% in August, up from 83% in July, but down from 90% in August 2011, according to the association.

Meanwhile, among the four primary resins- HDPE, LDPE, PP, polystyrene (PS)- exports of HDPE, PP and PS increased in August from the previous month due to the customers’ inventory adjustments in China, while exports of HDPE was significantly higher than the corresponding period a year earlier because August 2011 had low levels of exports, the JPCA said.

By: Tomomi Yokomura
+65 6780 4359

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