Business & Finance

Mitsubishi Chemical may skip Kashima No.2 cracker turnaround

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Currently, the company has to shut its Kashima crackers every year for checks after it was slapped with administrative sanctions in 2008, following a fire at the facility that resulted in four deaths.

Prior to that, the company had only to shut once every four years for maintenance.

The company, a unit of Mitsubishi Chemical Holdings has sought permission to conduct maintenance on the No.1 and No.2 crackers once every two years, and believes it is likely to get approval, a company spokesman said.

The firm's Kashima No.1 cracker, with capacity of 375,000 tonnes, is likely to undergo a scheduled turnaround from May 10 to July 4, he said.

Copyright Reuters, 2012