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The following article was published in our article directory on April 19, 2011.
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The Japan earthquake has shook global petrochemical industry seriously

Article Category: Business

Author Name: xia zihui

Local time on March 11 2pm 46 points, northeastern Japan strong earthquake, 9 earthquake that triggered the tsunami caused 10m high waves rushed into Japan inland, seriously affected Japan jing-bin industrial zone of petrochemical industry. Japan is the world's third largest economy, almost entirely dependent on imported energy demand. Due to the factory closed affects the international oil demand, oil prices respond immediately, and at the same time, constrained supplies also make plastic price echo rise. But industry experts point out that, because Japan mainly downstream petrochemical enterprise not to Japan, earthquake zones should not affect overall chemical industry fatal.

Refinery fire from disturbance
Earthquakes and tsunamis refinery explosion or Japanese parts damaged refinery fire, yet there are many because of electric power supply or unsafe and closed. According to the British Banks mo, Reuters reported in the oil company chiba city 22 million BPD refinery fire. Pill good petrochemical company subordinates keiyo ethylene (KeiyoEthylene) company closed its 69 million tons/year naphtha cracking unit. Nippon oil energy company located in ibaraki prefecture closed its LuDao city joint capacity for 60 tons/year of p-xylene device and is located in the kawasaki joint capacity of the 35 tons/year of p-xylene device. In addition the company's and three refineries closed: 14.5 million BPD refinery in sendai, 18.9 million BPD refinery and LuDao 27 million BPD refinery root shore.

Baltic shipping council (BIMCO) Mr Thornton is expected: "tanker shipping may be the influence of refinery fire, thus reduce demand for petroleum." cargo Because market experts are worried about the Japanese market demand falls, the Middle East and political unrest and blunt high oil and naphtha price drop some panic after the quake. New York energy management company senior partner domenico CaiLiJi pull (DominickChirichella) said: "in the long run, Japan's current status may give crude oil prices negative effects, and it is good for refiners." March 11, brent crude oil futures $/ barrel fell 1.59, to 113.84 dollars/barrel; U.S. crude oil futures prices fell to $1.54 / barrel, 101.16 dollars a barrel. The closing day, naphtha prices to 989 ~ 991 dollars/ton (CFR, Japan).

High prices for YiXiChang closed will push
According to bloomberg news reported on March 12, U.S. investment research company Alan will AlembicGlobalAdvisors grams (in Japan) expect big earthquake factories closed, reducing the supply, global ethylene and downstream synthetic resin price will be pushed higher.
Mitsubishi chemical holding company, said on March 11, because of the earthquake caused power outages and closed its LuDao city factory located in ibaraki prefecture. This factory is Japan's largest YiXiChang, 11% of total yield of Japan. According to the report, ICIS kanto region Monday morning have five ethylene plant, now at least two have been forced to close.

Alan will grams of consulting company says, Japan 90% of ethylene using naphtha as raw material. They expect global supply and demand balance of ethylene earthquake will be more nervous, stokes ethylene and polyethylene prices. The company analysts hessian •

HassanAhmed) o Wallace DE (Japan, said the global 5.5% of ethylene production, exports account for global 8.5%; Polyethylene 4.1 per cent share of global production capacity, exports account for global 2.2%; Polypropylene capacity share of global 5.5%, exports account for global 4%.

As oil prices drop, vinyl products in the short term profits will expand. Dow chemical, lyondell chemical company Basel and west lake vinyl manufacturers will benefit.

The overall effect is not obvious
Dow chemical is located in north of Tokyo ion exchange resin factory, but were hit by floods hit send CCIN journalists deadline. There were no injuries and the environmental impact report. Dow 31 factories in Japan, the company spokesman says, because communications limited, current difficult to learn all factories. Dupont and mitsui announced a joint venture company, the office building in Tokyo by slight damage, yu are palace some pipeline engineering plastics factory, were damaged, with no casualties.
Japan's second-largest chemical manufacturers, says jerry stopped into the reigns of production, at present the chip unsure loss, workers have been evacuated, have injured workers report. The world's top tyre company bridgestone said that at present all factories have not been greater destruction. Japan synthetic rubber company (JSR) LuDao factory shutdown, but ibaraki prefecture without any facilities were damaged. In a LuDao JSR of the 120,000 tons of 3.6 million tons of butadiene and an epdm device. Tokyo gas company closed plants and stopped gas supply.

Another message says, because that might affect the tsunami port closed global sulfuric acid market. Japan is now the world's third largest exporter, and sulfuric acid production sulfuric acid about 750 tons/year. 2010 Japan sulfuric acid exports total 280 million tons, the products are mainly sold to Chile, China, the Philippines and India. Japan is copper smelting by-product of sulfuric acid, producer has mitsubishi, sumitomo and pan Pacific company.

China petroleum and chemical industry association PangGuang cream the dean on March 13, CCIN reporter contrasesness accept, he has and the Japanese chemical enterprises in China, hicks mo refinery explosion contact, mitsui, mitsubishi, out of XingChan light companies such as ethylene, bisphenol A device has been to suspend production, but because great kanto region mainly in refinery ethylene plant, chemical device is not much more special, at present the whole industry to Japan earthquake influence isn't too big. The potential impact after further observation.

Keywords: China RF Beauty Equipment, Q Switched Nd Yag Laser

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