22 May 2013 06:29 [Source: ICIS news]
SINGAPORE (ICIS)--Japanese aromatics producer Idemitsu Kosan is running its Tokuyama-based 219,000 tonne/year benzene unit at 80% capacity, in line with the downstream styrene monomer (SM) plants’ run rates, a company source said on Wednesday.
The company’s two SM units at the same site, with a capacity of 120,000 tonnes/year and 220,000 tonnes/year respectively, are running at 80% capacity because of a lack of co-feedstock ethylene, the source said.
“Margins from benzene is good to produce SM, but [it] is difficult to source for spot ethylene so we will keep our SM [plants’] run rates at 80%,” he said.
Other key aromatics producers in Japan include JX Nippon Oil & Energy, Mitsubishi Chemical and Taiyo Oil.
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