PP output capacity increased 185,000 tpy in Japan

Sep 23, 1997 02:00 AM

Grand Polymer Co. has invested more than 1 billion yen to raise annual PP output capacity at its Osaka and Chiba plants by 20,000 tons each to a combined 700,000 tons a year. Idemitsu Petrochemical Co., meanwhile, has boosted capacity by 70,000 tons to 370,000 tons a year.
Output at Grand Polymer -- which combines the PP operations of Mitsui Petrochemical Industries Ltd., Mitsui Toatsu Chemicals Inc. and Ube Industries Ltd. -- has neared that of Japan Polychem Corp., the largest producer. Japan Polychem is a joint venture of Mitsubishi Chemical Corp. and Tonen Chemical Corp.
Last year Tokuyama Corp. raised its capacity by 5,000 tons and Japan Polyolefin Co. resumed production of 70,000 tons of polypropylene at its Oita plant last January.
Consequently, industry-wide output capacity increased by 185,000 tons in little more than a year, up some 7 % from 1996 levels. Producers have increased output because polypropylene is the only general-purpose resin that enjoys growing domestic demand, industry watchers say.

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