Japan's JX Nippon Oil may keep Kawasaki cracker shut till end-Aug

20 August 2013 11:08  [Source: ICIS news]

SINGAPORE (ICIS)--JX Nippon Oil and Energy’s 460,000 tonne/year naphtha cracker at Kawasaki, Japan, is likely to be shut for at least 10 days, a source close to the company said on Tuesday.

“The earliest restart timing is likely to be the end of August," the source said.

The facility was shut early on 19 August because of a technical problem.

The Japanese company is delaying the delivery of some mid-September propylene shipments by 7-10 days as a result of the cracker outage, according to its customers.

JX Nippon Oil and Energy is also seeking to buy some propylene cargoes for September in order to cover for the production shortfall, a source familiar with the company said.

By: Yeow Pei Lin

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