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According to statistics recently released by the Japan Petrochemical Association, in November 2021, the utilization rate of ethylene production equipment in Japan reached 95.
2%
.
This is the 18th consecutive month that the data has exceeded 90% of the economic target value
The association said domestic demand for petrochemicals in Japan was recovering due to strong growth in demand for industrial films and a recovery in personal consumption, with ethylene plant utilization even exceeding the 95 percent standard for substantive full-load operation
.
In November 2021, ethylene production was 545,400 tons, a year-on-year increase of 1.