Japanese Refiners Plan Chemical-Recycling Units

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Researched by Industrial Info Resources (Sugar Land, Texas)--Japan is upping its requirements for oil-refining companies to reduce their carbon emissions. Idemitsu Kosan Company Limited and Taiyo Oil Company Limited are following suit with a pair of proposed chemical-recycling projects.

Idemitsu Kosan plans to construct a chemical-recycling unit to produce hydrocarbon oil from waste plastic by 2030, and Taiyo Oil aims to produce biodiesel and bio-naphtha from waste tires by 2028. Specific schedules have yet to be decided for these projects.

Subscribers to Industrial Info's Global Market Intelligence (GMI) Petroleum Refining Project Database can read detailed reports on the Idemitsu Kosan and Taiyo Oil projects.

Industrial Info is tracking more than US$1.8 billion worth of projects from Idemitsu Kosan and Taiyo Oil. Subscribers can click here for a list of related project reports.

Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) platform helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 trillion (USD).