Mizushima naphtha crackers to start-up in April 2011
04 Jun '10
3 min read
Optimization plan for basic petrochemicals operations in Mizushima
• Downsizing naphtha cracker facilities of the two parties. • Plant adjustment premised on a 30% decrease in ethylene demand (to be performed by 2012) • Unification of naphtha cracker facilities. • Consolidation on a single naphtha cracker—timed to correspond with further decrease in ethylene demand (performed in accordance with demand trends) • Optimization of fraction balance, including integration of facilities. • Cost reduction by joint procurement of naphtha feedstock and fractions in shortfall such as C3. • Optimization of balance related to utilities and energy. • Heightened efficiency through mutual utilization of infrastructure.
Outlook While advancing preparations toward the start-up of the joint-venture company on April 1, 2011, the two parties will initiate dialog for smooth coordination with customers, suppliers, relevant public offices, and other relevant parties.