Japan's Mitsui Chemicals shuts Chiba No 1 phenol/acetone unit

11 January 2013 03:55  [Source: ICIS news]

MELBOURNE (ICIS)--Japan’s Mitsui Chemicals has shut its No 1 phenol/acetone plant in Chiba in a bid to stem its margin erosion, a Tokyo-based company official said on Friday.

The 10 January plant shutdown, which was first announced in early December, will deepen the company's output cut across its plants in Asia.

The Chiba No 1 plant, which has a nameplate phenol capacity of 190,000 tonnes/year and an acetone nameplate capacity of 114,000 tonnes/year, is scheduled to be restarted on 11 February, the company official added.

The restart date has been postponed from 4 February.

Mitsui Chemicals's No2 plant in Chiba can produce 230,000 tonnes/year of phenol and 138,000 tonnes/year of acetone.

Phenol/acetone output at the Chiba No 2 plant, which is a joint venture between Mitsui Chemicals and Idemitsu Kosan, has been increased to 100% capacity in January, following the completion of minor maintenance in December.

Operating rate at Mitsui Chemicals' phenol/acetone plant in Osaka, which can produce 200,000 tonnes/year of phenol and 120,000 tonnes/year of acetone, will be capped at 70% in January 2013, unchanged from December and November 2012.

In Singapore, Mitsui Chemicals operates a phenol/acetone plant that can make 300,000 tonnes/year of phenol and 180,000 tonnes/year of acetone under the company name Mitsui Phenol Singapore.

Operate rate at the Singapore plant, which can produce 300,000 tonnes/year of phenol and 180,000 tonnes/year of acetone, was slashed to 60% of capacity in January, from 80% capacity in December.

By: Trisha Huang

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