Restructuring the Basic Chemicals supply chain
First written in FY2016. 9 of 21 entries say "Advanced", first in FY2017. Latest entry: 2026-08-07.
22 other companies' latest entry also says "Advanced".
- 2026-08-07AdvancedEarnings presentation
「千葉地区エチレン装置の三井化学株式会社への27年7月の集約を合意」
エチレン装置の集約に加え、ポリオレフィン事業と住友化学の国内PP・LLDPE事業の統合を合意し、基礎化学品の供給体制再編を具体化した。 - FY2026MitigatedAnnual report
「In the Basic Chemicals segment, sales were ¥587.2 billion, down 2.4% from the previous fiscal year, and segment profit was a loss of ¥8.0 billion, down ¥30.0 billion, owing mainly to deteriorating product market conditions and lower volumes associated with scheduled maintenance and production equipment trouble.” “Segment profit was a loss of ¥7.7 billion, down ¥11.2 billion year on year, owing mainly to deteriorating product margins.」
Although losses continued due to deteriorating product margins, the loss improved from ¥8.0 billion for the previous fiscal year to ¥6.8 billion for the current fiscal year, and to a loss of ¥7.7 billion year on year. - 2026-05-12AdvancedEarnings presentation
「海外の競争当局の企業結合審査終了後に本事業統合を実行予定」
国内ポリオレフィン事業について、競争当局の審査後に事業統合を実行する段階へ進んでいる。 - FY2026-H1Losses due to deteriorating product marginsAnnual report
「Segment profit was a loss of ¥7.7 billion, down ¥11.2 billion year on year, owing mainly to deteriorating product margins.」
The Basic Chemicals segment posted a loss of ¥7.7 billion due to deteriorating product margins, a deterioration of ¥11.2 billion from the previous corresponding period. - FY2025Lower volumes due to scheduled maintenance and production equipment troubleAnnual report
「In the Basic Chemicals segment, sales were ¥587.2 billion, down 2.4% from the previous fiscal year, and segment profit was a loss of ¥8.0 billion, down ¥30.0 billion, owing mainly to deteriorating product market conditions and lower volumes associated with scheduled maintenance and production equipment trouble.」
In Basic Chemicals, deterioration in product market conditions, together with lower volumes due to scheduled maintenance and production equipment trouble, was reflected in the full-year loss. - FY2025-H1Production equipment troubleAnnual report
「Segment profit was ¥3.4 billion, down 71.6% year on year, owing mainly to lower production volumes resulting from production equipment trouble.」
Production volumes declined due to trouble with Basic Chemicals production equipment, and segment profit fell 71.6% year on year. This was described as an operational change in the supply chain and production structure. - FY2024AdvancedAnnual report
「We also began discussions with Mitsui Chemicals,Inc. on consolidating ethylene units by fiscal 2027, with the aim of optimizing production in the Chiba area and promoting the decarbonization of chemical feedstocks.」
Discussions began on consolidating the ethylene units in the Chiba area into Mitsui Chemicals’ unit, with a target of fiscal 2027. - FY2024-Q3MitigatedAnnual report
「Sales in the Basic Chemicals segment were ¥446.6 billion, down 13.1% year on year. Segment profit was ¥21.4 billion, up 87.3%, owing mainly to improved product margins and lower fuel costs for in-house power generation.」
Segment profit in Basic Chemicals improved from ¥11.4 billion in the previous corresponding period to ¥21.4 billion, owing to improved product margins and lower fuel costs for in-house power generation. - FY2024-Q2Lower sales volumes and higher expensesAnnual report
「Sales in the Basic Chemicals segment were ¥280.2 billion, down 22.8% year on year, owing mainly to lower sales volumes resulting from scheduled maintenance. Segment profit was ¥12.0 billion, down 15.3% year on year, owing mainly to lower sales volumes and higher expenses.」
Lower sales volumes and higher expenses due to scheduled maintenance and other factors continued, and segment profit in Basic Chemicals declined 15.3% year on year. - FY2024-Q1Profit deterioration due to scheduled maintenanceAnnual report
「Segment profit was a loss of ¥1.4 billion, down ¥9.5 billion year on year, owing mainly to lower sales volumes and higher expenses resulting from scheduled maintenance.」
In the Basic Chemicals business, segment profit deteriorated from profit in the previous corresponding period to a loss of ¥1.4 billion due to lower sales volumes and higher expenses associated with scheduled maintenance. - FY2023AdvancedAnnual report
「With respect to the “supply of biochemicals made from bio-based feedstocks,” we obtained ISCC Plus, a certification system for biochemicals, at the Tokuyama site in March 2022 and the Chiba site in March 2023. We began supplying biochemicals under a mass-balance approach based on externally procured bio-naphtha.」
The restructuring of the Basic Chemicals supply chain expanded beyond feedstock diversification to include ISCC Plus certification and the supply of biochemicals using bio-naphtha. - FY2023-Q3MitigatedAnnual report
「Segment profit was ¥11.4 billion, up 49.5% year on year, owing mainly to improved product margins, including for para-xylene.」
Segment profit increased 49.5% year on year due to improved product margins in Basic Chemicals. - FY2023-Q2MitigatedAnnual report
「Segment profit was ¥14.2 billion, up 29.7% year on year, owing mainly to improved product margins, including for mixed xylene.」
Product margin improvements in Basic Chemicals continued, and segment profit increased 29.7% year on year. The impact of margin fluctuations from pricing, demand and the competitive environment was described as moving toward improvement. - FY2022AdvancedAnnual report
「Two old naphtha crackers in the ethylene production facilities at the Tokuyama site were shut down and one high-efficiency naphtha cracker was newly installed, commencing operations in February 2021. More efficient ethylene production achieved energy savings of 30% versus the previous units and is expected to contribute to an annual reduction of approximately 16,000 tonnes of CO2 emissions.」
The new high-efficiency naphtha cracker was completed and began operations, achieving energy savings of 30% versus the previous units and expected to reduce CO2 emissions by approximately 16,000 tonnes annually. - FY2021AdvancedAnnual report
「At the Tokuyama site, we replaced the naphtha cracker with a high-efficiency unit expected to reduce energy consumption by approximately 30% versus the previous unit, and worked to further strengthen the earnings base of the Basic Chemicals business.」
The replacement of Tokuyama’s naphtha cracker with a high-efficiency unit was carried out as a measure to strengthen the earnings base, with an expected energy saving of approximately 30%. Consideration of a circular economy, including chemical recycling, also began. - FY2020AdvancedAnnual report
「We worked to further strengthen the earnings base of the Basic Chemicals business, including by beginning construction of a high-efficiency naphtha cracker at the Tokuyama site expected to reduce energy consumption by approximately 30% versus the previous unit. We also established a company-wide cross-functional working group and began examining solutions to the waste plastic problem.」
Construction began in Tokuyama on a naphtha cracker expected to reduce energy consumption by approximately 30%, and a company-wide response to the waste plastic problem was also launched. - FY2019-Q3RestatedAnnual report
「We will secure high operating rates and stable earnings by supplying feedstock through coordination among the complexes in Tokuyama and Yamaguchi (Seibu Oil) and Yokkaichi (Showa Yokkaichi Sekiyu), while improving equipment efficiency to strengthen cost competitiveness. Alongside expanding our overseas production bases, we will expand production in Asia by utilizing chemicals produced at the Nghi Son Refinery, including benzene and para-xylene.」
The policy of restructuring the Basic Chemicals business through coordination among domestic industrial complexes, expansion of overseas production bases, and utilization of chemicals from Nghi Son has been reaffirmed. - FY2019-Q2ReframedAnnual report
「We will operate the business by leveraging economies of scale as Asia’s largest supplier of mixed xylene. We will secure high operating rates and stable earnings by supplying feedstock through coordination among the complexes in Tokuyama and Yamaguchi (Seibu Oil) and Yokkaichi (Showa Yokkaichi Sekiyu), while improving equipment efficiency to strengthen cost competitiveness. Alongside expanding our overseas production bases, we will expand production in Asia by utilizing chemicals produced at the Nghi Son Refinery, including benzene and para-xylene. We also plan to invest in facilities to convert surplus gasoline fractions resulting from declining domestic demand into petrochemical products.」
The restructuring of the Basic Chemicals supply chain was reframed as the integrated new company’s Asian strategy, encompassing coordination among domestic industrial complexes, overseas production bases, use of chemicals from Nghi Son, and conversion of surplus gasoline fractions. - FY2018AdvancedAnnual report
「In the Basic Chemicals business, we diversified our feedstock options by refurbishing the ethylene unit of Chiba Chemical Manufacturing Limited Liability Partnership, which we jointly operate with Mitsui Chemicals,Inc.」
The ethylene unit was refurbished as part of a supply chain strengthening initiative to diversify feedstock options. - FY2017AdvancedAnnual report
「In the Basic Chemicals business, we decided to refurbish the ethylene unit of Chiba Chemical Manufacturing Limited Liability Partnership, which we jointly operate with Mitsui Chemicals,Inc., to strengthen competitiveness through feedstock diversification.」
As a specific measure to diversify feedstocks, the company decided to refurbish the ethylene unit of Chiba Chemical Manufacturing Limited Liability Partnership. - FY2016First statedAnnual report
「In the Basic Chemicals business, we will optimize the olefin-based supply chain, including derivatives. We will also pursue integration with refineries and diversification of feedstocks to further strengthen our competitiveness.」
The measures include importing larger lots of feedstock naphtha, accepting open-specification naphtha, and integrating operations with refineries.