Sumitomo Chemical to Exit the Cyclohexanone Business:
Accelerating Business Restructuring as Part of Its Short-Term Intensive Performance Improvement Measures
Dec. 4, 2023
Sumitomo Chemical has decided to close down its production facilities for cyclohexanone (also known as anone) at its Ehime Works located in Niihama City, Ehime, Japan and exit the business. The closure of the production facilities is scheduled for the end of March 2024.
Cyclohexanone is mainly used as an intermediate for nylon. Demand for cyclohexanone was expected to remain solid both in Japan and overseas, but there have recently been significant changes in the business environment, such as soaring raw material prices and a depressed market resulting from the slow re…
Read the full article at: https://www.sumitomo-chem.co.jp/english/news/detail/20231204.html