Ethylene output in Japan for December 2013 up 9.7% year-over-year to 621,900 tons, up for fourth consecutive month, mainly due to decline in imports of petrochemical-related products, recovery in domestic shipments reflecting growing demand for films
Elyse Blye
TOKYO
,
January 21, 2014
(Jiji Press English News Service)
–
Ethylene output in Japan in December rose 9.7 pct from a year earlier to 621,900 tons, up for the fourth consecutive month, the Japan Petrochemical Industry Association said Monday.
Ethylene is a base ingredient for petrochemical products.
In December, the estimated real plant operation rate increased 7.9 percentage points from a year before to 90.2 pct, exceeding the 90 pct baseline indicating a good performance for the first time since September 2011.
The improvement mainly reflected falls in imports of petrochemical-related products caused by the weak yen as well as a recovery in domestic shipments reflecting growing demand for films.
* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistrubte or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.