Nippon Oil japanisches Erdöl- und Chemieunternehme

DIVERSE : EINSTELLUNG /  DELISTING

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UPDATE  1-Nippon Oil mulls boosting naphtha cracker capacity

By Osamu Tsukimori

   KAWASAKI, Japan, April 2 (Reuters) - Japan's Nippon Oil Corp is  considering an increase in capacity at its 404,000 tonnes per year  naphtha cracker in Kawasaki near Tokyo in 2012, company officials  involved with the cracker's operations said on Friday.

      But any expansion will be small, probably only a few percent.  If the company makes a formal decision, construction work will take  place during the cracker's next planned maintenance, scheduled for  around August-September 2012, one source said.

      Company officials said expansion is under consideration due to  strong demand for ethylene from end-users that make value-added  products.

      The company's sole naphtha cracker can also process up to  around 40 percent of alternative feedstock to naphtha, such as middle  distillates and liquefied petroleum gas (LPG), they  said.

      The cracker's operations have been running at 100 percent of  capacity for about the past year, after the run rate dipped to  approximately 80 percent in January-February 2009 following the global  economic downturn, one of the sources said.

      Nippon Oil and Nippon Mining Holdings set up  a new oil and mining giant, JX Holdings Inc, on April 1.

      Nippon Oil and Nippon Mining, which still operate as separate  entities, plan to merge their businesses into three core units --  refining and sales, oil exploration, and metals -- on July 1.

   (Reporting by Osamu Tsukimori, editing by Anthony Barker)

   ((osamu.tsukimori@thomsonreuters.com ; +813 6441 1857; Reuters Messaging:  osamu.tsukimori.reuters.com@reuters.net)) Keywords: NAPHTHA NIPPON OIL      

(If you have a query or comment on this story, send an email to  news.feedback.asia@thomsonreuters.com)

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