Mitsui Chemicals (JP:4183) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Mitsui Chemicals has announced a delay in restarting production at their subsidiary Osaka Petrochemical Industries’ ethylene plant due to a failure in the steam supply system. The restart, following scheduled maintenance since June 2024, may take an additional two to three months. The company is assessing the potential impact of this delay on their consolidated financial results for fiscal year 2024.
For further insights into JP:4183 stock, check out TipRanks’ Stock Analysis page.