Pharma Industry
Industry: Email Alert RSS FeedIdemitsu, Mitsui, Sumitomo to restart mothballed benzene unit.(Idemitsu Kosan Company Ltd.)(Mitsui Chemical Co.)(Sumitomo Chemical Company Ltd.)(Brief Article)
Chemical Week, October, 2004
Refining company Idemitsu Kosan (Tokyo) has signed an [yen]8-billion ($72 million) agreement with Mitsui Chemicals and Sumitomo Chemical under which the companies will jointly restart a mothballed light naphtha reformer at Idemitsu's Chiba, Japan refinery, and offtake benzene and other products from the plant, Mitsui says.
The reformer will start operating in mid-2006 and have capacity for 250,000 m.t./year of benzene, Mitsui says. Sumitomo and Mitsui will each receive 50% of the benzene output, and Idemitsu will receive byproducts such as crude toluene, Mitsui adds. "Mitsui and Sumitomo are pursuing a stable source of raw materials with expansion of our respective petrochemical derivatives businesses [at Chiba] in mind," Mitsui says. Idemitsu, Mitsui, and...
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