Japan's Sumitomo considers 2015 Chiba naphtha cracker upgrade

06 December 2012 10:47  [Source: ICIS news]

TOKYO (ICIS)--Japanese producer Sumitomo Chemical is considering upgrading its sole 415,500 tonne/year naphtha cracker at Chiba in 2015, a company spokesman said on Thursday.

“[Sumitomo Chemical] president [Masakazu Tokura] said at the press conference [in late November] that [the company] wants to restructure the Chiba chemical complex during the next turnaround in 2015,” the spokesman said.

The president mentioned upgrading the cracker as part of the restructuring, she added.

Details are likely to be disclosed when the company announces its next mid-term business plan in February 2013, she said.

Sumitomo Chemical’s cracker is currently operating at a rate of 90%, according to the spokeswoman.

The company's production capacity of ethylene totals 607,000 tonnes/year including the amount the producer offtakes from its 22% subsidiary, Keiyo Ethylene, the spokeswoman said.

By: Tomomi Yokomura
+65 6780 4359

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