Mitsui Chemicals Anticipates October Plant Restart

Mitsui Chemicals (JP:4183) has released an update.

Mitsui Chemicals has announced that Osaka Petrochemical Industries’ ethylene plant, a wholly owned subsidiary, is expected to resume operations in October following a delay. The delay is projected to have a 7 billion yen impact on the company’s consolidated financial results for the first half of the fiscal year 2024, with effects on the second half still under assessment.

For further insights into JP:4183 stock, check out TipRanks’ Stock Analysis page.