Reduction of CDU Nameplate Capacity

abarrelfullabarrelfull wrote on 30 Mar 2012 12:10

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February 1, 2010

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

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

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