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Statistics recently released by the Japan Petrochemical Industry Association show that in 2020, Japan's ethylene production as a basic raw material for chemical products is about 5.
92 million tons, down 7.
7% from 2019
.
In December 2020, the utilization rate of ethylene production equipment in Japan reached 94.
2%, exceeding 90% for seven consecutive months, which means that the industry is still in a boom cycle
.
Among the summary data on the output and domestic shipments of five major resins in December 2020 jointly compiled by the Japan Petrochemical Industry Association and the Japan PVC Industry and Environment Association, only polypropylene increased year-on-year, and other resins decreased year-on-year
.
The president of the association and Mitsubishi Chemical Corporation said that the outlook for Japan's petrochemical industry in 2021 will be affected by the epidemic situation, but it is not expected to be worse than 2020
.