Economic Calendar

Friday, February 27, 2009

Idemitsu to Shut Chiba Refinery in Early April for Maintenance

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By Michio Nakayama

Feb. 27 (Bloomberg) -- Idemitsu Kosan Co., Japan’s second- largest oil refiner, will shut its Chiba plant 10 days ahead of schedule to reduce petroleum stocks.

The company will close the 220,000 barrel a day refinery near Tokyo in early April for about 30 days, spokeswoman Maki Yasunaga said by phone from Tokyo.

To contact the reporter on this story: Michio Nakayama in Tokyo at mnakayama4@bloomberg.net




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