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Ethylene Production Saw a Slight Increase in July Capacity Utilization to 69.9%, as Inventories, Which Had Decreased Due to Concerns About the Situation in the Middle East, Recovered.
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The Japan Petrochemical Industry Association announced on the 20th that the operating rate of ethylene production facilities, a raw material for plastics and other products, was 69.9% (preliminary figure) in July. This is a slight recovery from the record low of 66.6% in June. While alternative procurement of naphtha, a raw material, is progressing from outside the Middle East, supply concerns since early spring…
·Japan
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