Sumitomo Chemical will exit Japan’s nylon raw material cyclohexanone production business

sumitomo chemical has decided to close the cyclohexanone production unit at its ehime plant in japan and exit the business. the production unit is scheduled to shut n at the end of march 2024. cyclohexanone is mainly used as an intermediate for nylon. demand for cyclohexanone in japan and overseas is expected to remain stable,…