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Japan’s Sumitomo to restructure petchem, chemical divisions

by ChemOrbis Editorial Team -
  • 17/06/2015 (15:07)
Japan’s Sumitomo Chemical is planning to merge its petrochemicals and feedstocks division with its organic chemical division to create a single chemicals division as of July 1 following the closure of the company’s 415,000 tons/year cracker in Chiba, according to media sources.

The company reportedly closed its Chiba cracker due to weaker domestic demand and rising imports.
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