Owing to drifting paraxylene prices in Asia and extremely slim margins, Japan's no.3 oil refiner Idemitsu Kosan Co has decided to reduce the paraxylene production at its Chiba plant to 75% starting Seep 25 for two months.
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Monday, September 22, 2008
Operating rate of paraxylene to be curtailed by Japan's Idemitsu Kosan
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