Ethylene plant operating rate hits record low in Japan
AI Summary
Japan's ethylene plant operating rate has fallen to a record low, impacting the production of materials used in plastics and fibers. The decline is notable as ethylene is produced from naphtha derived from crude oil, reflecting supply chain or demand changes.
Ethylene, made from naphtha derived from crude oil, is used as a material for plastics and fibers.
Markets Commodities Energy Japan ethylene plant operating rate plastics fibers naphtha crude oil production