Thursday, October 17, 2013
Ethylene Output Up For First Time In Two Months In Sept
TOKYO (NQN)--Production of ethylene, a raw material used to make petrochemical products, rose 4.4% on the year in September to 514,700 tons, for the first increase in two months, according to data released Thursday by the Japan Petrochemical Industry Association.
Production facilities operated at 84.8% capacity on an estimated basis, up 0.5 percentage point on the year. This figure failed to reach 90% -- the line at and above which production is said to be solid -- for the 24th straight month. However, production has been recovering since March and domestic demand has been resilient due in part to the economic recovery.