Home / Knowledge / News / Textiles / Weak demand impels Nippon to shut naphtha cracker
Weak demand impels Nippon to shut naphtha cracker
12
Dec '08
Nippon Oil Corp, one of the top refiners of Japan, has decided to shut its sole naphtha cracker with capacity of around 400,000 ton per year.

Official sources from the Company confirmed the news to Fibre2fashion.com saying, “Yes, we do plan for shut naphtha cracker located in Kawasaki in eastern part of the country, for approximately 20 days, from late December till early January next year, as demand for petrochemicals have collapsed, on the back of global recession.”

Most of the Japanese firms are now running their naphtha crackers at around 80 percent of capacity, with the shrinking demand for ethylene, across the world.

Ehtylene production in Japan fell 17.7 percent in November compared to previous year, marking the lowest level in over 12 years for the month due to output cuts by many firms.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 26th May 2017

Lenzing unleashes new eco-friendly fibre

There's a new eco-friendly fibre on the anvil—Austrian speciality...

Apparel/Garments | On 26th May 2017

Benetton seeks approval for FDI in single-brand retail

Global fashion brand Benetton Group, has sought Indian government's...

Apparel/Garments | On 26th May 2017

Walmart to conduct GST workshops for SME suppliers

With the objective of supporting its small and medium-sized (SME)...

Interviews View All

Manuj Terapanthi
Texaura

Transparent supply chain and fair trade will boost sustainable market

C Kamatchisundaram
Voltas

ITME is an occasion not only to receive new leads but also to work on...

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
May 2017

May 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search