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Recently, the statistics released by the Japan Petrochemical Industry Association show that the utilization rate of ethylene equipment in Japan was 85.
According to the Japan Petrochemical Association, ethylene production in Japan was 494,200 tons in August, down 3.
Keiichi Iwata, president of the Japan Petrochemical Association, said that the suspension and power curtailment caused by the new crown pneumonia epidemic and the heat, the Russian-Ukrainian conflict and the decline in automobile production caused by semiconductor shortages have combined to cause Japan's ethylene equipment utilization rate to hover
The association said the use of high-density polyethylene in the field of hollow molding of containers such as shampoos is declining