Japan produces 811,400 tonnes of plastic feedstocks in March

12 May 2014 09:57 Source:ICIS News

TOKYO (ICIS)--Japan’s production of plastic feedstocks stood at 811,400 tonnes in March, a 1% increase year on year, official industry data showed on Monday.

Among these products, polycarbonate (PC) output rose by 7% to 26,685 tonnes from the corresponding period a year earlier, according to the Japan Plastics Industry Federation (JPIF).

The production of phenol resins was up by 1.9% at 24,717 tonnes, the JPIF data showed.

Production of polyvinyl alcohol (PVOH) increased by 8.4% year on year to 18,673 tonnes, but the output of polyethylene terephthalate (PET) fell by 8.7% to 49,481 tonnes, the data showed.

The country produced a total of 465,900 tonnes of plastic products in March, up by 6% from the same time a year earlier, according to JPIF.

Among these products, the output of film and sheet rose by 5.1% year on year to 208,223 tonnes, while the production of pipes increased by 22% to 44,398 tonnes, the data showed.

A total of 57,981 tonnes of machinery parts were produced in March, up by 6.4% year on year, while the production of construction materials stood at 28,553 tonnes, a 11% increase, based on the statistics.

Meanwhile, Japan’s exports of plastic feedstock totalled yen (Y) 104.6bn ($1.03bn) in value in March, a 7.9% increase from the same period a year ago, according to JPIF.

The country’s exports of plastic products amounted to Y114.5bn, up by 0.9% year on year, the data showed.

($1 = Y101.79)

By Tomomi Yokomura