Cosmo Oil Co., Ltd. (Headquarter: Minato-ku, Tokyo, Japan; President: Yaichi Kimura; Paid-in Capital: JPY 107.2 billion) will continue to maintain the current reduction of refinery throughput in order to adjust to the declining market demand.
The crude oil throughput volume for April – June will be 5,583 thousand KL and with the turnarounds during the same period, the utilization rate will be at 69.5%. This will be equivalent to 91.7%(504 thousand KL in terms of volume) in comparison to the previous year.
| April - June (Plan) | (Reference) Jan – Mar Results (Latest Figures) | |
|---|---|---|
| Current Year | 5,583 | 7,302 |
| Previous Year | 6,087 | 7,571 |
| Difference(Volume) | -504 | -269 |
| Difference(Ratio) | 91.7% | 96.4% |
| Utilization Rate | 69.5% | 87.5% |
(Unit: Thousand KL)
