Japan's chlor-alkali enterprises storm beach

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According to rising costs of public utilities in Japan, coupled with the continued appreciation of the yen, some Japanese chemical companies with chlor-alkali business have recently adjusted their development strategies and seized markets in Southeast Asia, particularly Indonesia, Malaysia and Thailand.

Japanese companies are optimistic about Southeast Asian markets in the following points: First, Southeast Asia is rich in natural resources, can provide cheap and adequate geothermal, hydropower and other forms of electricity. For example, Indonesia has the world's largest potential source of geothermal energy, and its geothermal development is very active. Second, the market for caustic soda and chlorine in Southeast Asia is growing rapidly. In particular, the rapid development of the construction and automotive industries in the region will drive the continuous increase in the demand for chlor-alkali and chlorohydrin rubber products. In addition, Southeast Asia is closer to the Australian market, and setting up a plant in Southeast Asia can shorten the transportation distance of raw salt imported from Australia, and it is more conducive to the production plant's chlor-alkali exports to Australian alumina refineries.

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