Cosmo Oil Co., Ltd. (hereinafter &Cosmo&, headquarter: Minato-ku, Tokyo, Japan; President: Yaichi Kimura; Paid-in Capital: JPY 107.2 billion) announces the revision to the CDU nameplate capacity of the refineries.
This revision is made to secure optimum production structure together with establishing the most suitable domestic demand & supply balance.
In parallel, Cosmo is currently reviewing its refinery network taking into consideration the declining domestic demand and will announce its direction in the next &Mid-Term Management Plan&.
- Description of Reduction of CDU Nameplate Capacity
Refinery CDU Nameplate Capacity After Revision Reduction Capacity Chiba 220,000 bbls/day -20,000 bbls/day Yokkaichi 125,000 bbls/day -50,000 bbls/day Sakai 100,000 bbls/day +20,000 bbls/day Sakaide 110,000 bbls/day -30,000 bbls/day Total 555,000 bbls/day -80,000 bbls/day (1 bbl≒159 Liters)
- Effective Date
February 2, 2010
