Asahi Kasei Corp. and its subsidiary Asahi Kasei Chemicals Corp., and Mitsubishi Chemical Holdings Corp. and its subsidiary Mitsubishi Chemical Corp. have concluded an agreement to establish an equally held joint venture for the operation of a unified naphtha cracker in Mizushima. The naphtha crackers that Asahi Kasei Chemicals and Mitsubishi Chemical have in Mizushima are currently operated by Nishi Nippon Ethylene LLP. After the start-up of the joint venture on April 1, 2016, Nishi Nippon Ethylene LLP will perform the removal and disposal of equipment as required due to unification of the naphtha crackers.
29-May-15 
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