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02 Nov
09:24

Mitsubishi Chemical reforms coke business

Japanese petrochemical producer Mitsubishi Chemical says its coke business will be reformed in the next year due to changes in the steel industry. The shrinking demand caused by the weakening of the domestic steel industry has hit the company's local business, Kallanish notes. The company plans to cut production capacity at its Sakaide plant in Kagawa prefecture on Japan's southern Shikoku island to 2.5 million tonnes/year from 3.9m t/y by the end of …
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