SOURCE: Industrial Info Resources

Industrial Info Resources

March 23, 2011 20:59 ET

Three Japanese Refineries Remain Offline, an Industrial Info News Alert

KOFU-SHI, JAPAN--(Marketwire - March 23, 2011) - Researched by Industrial Info Resources East Asia (Kofu-shi, Japan) -- Cosmo Oil Company Limited's (TYO:5007) (Tokyo) 220,000-barrel-per-day (BBL/d) refinery suffered a fire following a magnitude 5 shock wave originating from Japan's March 11 earthquake. As of 10:10 p.m. JST Saturday, March 19, Cosmo announced that the fire had been completely extinguished. The company will begin an investigation as soon as possible to determine the extent of the damage. Currently, Cosmo has no restart date, but believes it will take at least two months before it can begin the process.

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Industrial Info Resources (IIR), with world headquarters in Sugar Land, Texas, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. IIR's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. For more information, send inquiries to refininggroup@industrialinfo.com or visit us online at www.industrialinfo.com.

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