Home / Knowledge / News / Textiles / MCI to strengthen added-value ethylene derivative products of Ichihara
MCI to strengthen added-value ethylene derivative products of Ichihara
19
Feb '09
Mitsui Chemicals Inc.,(MCI) announced that it will enhance the value of its ethylene products manufactured at Ichihara Works as a measure to compete against ethylene products produced with competitive ethane gas from the Middle East.


Termination of Ichihara EOG Plant
Ethylene glycol (EG) is used as material for polyester fiber and antifreeze. Market conditions for domestic EG are expected to become extremely dull due to large supplies of EG coming from numerous plants newly established in the Middle East and Asia.

MCI produces EG and ethylene oxide (EO), a main material of EG, at the same facility(“EOG Plant”). MCI currently operates EOG Plants at its Ichihara Works and Osaka Works. At Ichihara EOG Plant, production ratio of EG is larger than that of the Osaka EOG Plant, and the production ratio is unlikely to improve in the future. As a result, MCI has decided to terminate production at its Ichihara Works EOG Plant (EO production volume: 119,000 tons/annum) in November 2009.

Current clientele have been asked to procure EG from overseas sources. MCI will continue to supply EO which has a stable market demand as a surfactant and which cannot be readily supplied from Middle East sources due to difficulty in transport. MCI will use other manufacturers for the production of EO and expects to be able to continue its stable supply to clientele.

MCI will continue EG and EO production at its Osaka Works. At the Osaka EOG Plant, production ratio of EO is high at 65% and efforts are being made to improve the ratio and intensify operation stability by promoting the relocation of clientele to areas within the Osaka Works, etc.

The 80,000 tons of ethylene used at the Ichihara Works EOG Plant per annum will be diverted to production of value-added products following closure of the production facility.

New Facilities for Value-Added Products
MCI will construct a new 1-hexene plant at Ichihara Works. The new plant will use 40,000 tons per annum of the ethylene surplus of the terminated EOG Plant.

Mitsui Chemicals Inc


Must ReadView All

Courtesy: Michael Kors

Fashion | On 25th Jul 2017

Michael Kors to acquire Jimmy Choo

Global fashion luxury brand Michael Kors Holdings Limited has reached ...

Apparel/Garments | On 25th Jul 2017

VF Corp posts $2.4 billion revenue for Q2 2017

VF Corporation has recorded revenue of $2.4 billion, up 2 per cent,...

Textiles | On 25th Jul 2017

Egypt signs agreement with UNIDO for cotton production

Egypt has signed a €1.5 million ($1.74 million) cooperation agreement ...

Interviews View All

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Stefan Warnaar
Peak to Plateau

People are willing to pay for quality and performance

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

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

July 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


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



X