Strengthening Refinery Competitiveness and Optimizing Facilities
First written in FY2016. 11 of 12 entries say "Advanced", first in FY2017. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026AdvancedAnnual report
「Following the decision in March 2025 to shut down Maruzen Petrochemical Co., Ltd.’s No. 3 ethylene production unit and consolidate ethylene production at Keiyo Ethylene Co., Ltd.’s No. 4 ethylene production unit, we investigated the actual use of existing fixed assets.」
Regarding optimization of refinery and petrochemical facilities, the company decided to shut down Maruzen Petrochemical’s No. 3 ethylene production unit and consolidate production at Keiyo Ethylene’s No. 4 unit. - FY2025AdvancedAnnual report
「Following Super Certified status for Chiba Refinery and Yokkaichi Refinery, we obtained A certification for Sakai Refinery.」
The company presented the acquisition of A certification for Sakai Refinery as specific progress in refinery safety and operations management. It also gave concrete form to facility optimization by planning to shut down Maruzen Petrochemical’s in-house ethylene production unit around fiscal 2026 and consolidate production at Keiyo Ethylene. - FY2025-H1AdvancedAnnual report
「As announced in a press release dated 28 October 2024, our consolidated subsidiary Maruzen Petrochemical Co., Ltd. has begun considering production optimization for its ethylene production unit and the ethylene production unit of Keiyo Ethylene Co., Ltd., also a consolidated subsidiary of the company, to further strengthen the competitiveness of the basic chemicals business.」
The refinery and petrochemical facility optimization initiative was given concrete form through consideration of production optimization for the ethylene production units of Maruzen Petrochemical and Keiyo Ethylene. - FY2024AdvancedAnnual report
「At the Chiba Plant of Maruzen Petrochemical Co., Ltd., in addition to obtaining A certification, we aim to deepen coordination between oil refining and petrochemicals, strengthen competitiveness, and maximize paraxylene production in line with market conditions.」
In addition to the existing measures to strengthen refinery competitiveness and optimize facilities, the company presented obtaining A certification at the Chiba Plant, deepening coordination between refining and chemicals, and maximizing paraxylene production as specific measures. - FY2022AdvancedAnnual report
「We installed equipment to remove impurities from slurry oil produced by fluid catalytic cracking units at Chiba Refinery and Yokkaichi Refinery, and shifted the production mix toward IMO-compliant fuel oil, a higher-margin product.」
The company installed impurity removal equipment at Chiba and Yokkaichi refineries and shifted the production mix toward higher-margin products in response to IMO regulations. - FY2021AdvancedAnnual report
「During the fiscal year, we installed equipment to remove impurities from slurry oil produced by fluid catalytic cracking units at Chiba Refinery and Yokkaichi Refinery. Going forward, we will efficiently shift the production mix from high-sulfur C heavy fuel oil to higher-margin products such as middle distillates (kerosene, gas oil and A heavy fuel oil) and low-sulfur C heavy fuel oil.」
The company installed slurry-oil impurity removal equipment at Chiba and Yokkaichi refineries and moved to the stage of shifting the production mix from high-sulfur C heavy fuel oil to middle distillates and low-sulfur C heavy fuel oil. - FY2020AdvancedAnnual report
「Ahead of the introduction of the regulations in 2020, we increased the capacity of the heavy-oil thermal cracking unit (coker) at Cosmo Oil Co., Ltd.’s Sakai Refinery and established a system that does not produce high-sulfur C heavy fuel oil.」
As a response to IMO regulations, the company completed the coker expansion at Sakai Refinery and established a system that does not produce high-sulfur C heavy fuel oil. - FY2018AdvancedAnnual report
「Against the backdrop of tighter IMO regulations (note), we will establish refinery competitiveness above global standards by expanding higher-margin product grades through increased coker capacity and maintaining high operating rates.」
In addition to the existing optimization of refinery facilities, the company presented specific measures and targets: increasing coker capacity, expanding higher-margin product grades, maintaining high operating rates, and achieving competitiveness above global standards. - FY2017AdvancedAnnual report
「We will continue to optimize refining facilities at Yokkaichi Refinery through the business alliance with Showa Yokkaichi Sekiyu Co., Ltd., beginning in fiscal 2017, and strengthen refinery competitiveness at Chiba Refinery, where completion of the pipeline is scheduled for the middle of 2018.」
The business alliance to optimize facilities at Yokkaichi Refinery will begin in fiscal 2017, while completion of the pipeline at Chiba Refinery is scheduled for the middle of 2018. - FY2016First statedAnnual report
「We will strengthen refinery competitiveness at the Chiba Refinery of consolidated subsidiary Cosmo Oil Co., Ltd. through 京葉精製共同事業合同会社, significantly improve refining costs expected from obtaining certified-plant status in fiscal 2016, and optimize refining facilities at Cosmo Oil Co., Ltd.’s Yokkaichi Refinery through a business alliance with Showa Yokkaichi Sekiyu Co., Ltd.」
The company plans to improve refining costs and facility competitiveness through the joint operation at Chiba Refinery, obtaining certified-plant status, and the business alliance at Yokkaichi Refinery.