VOL. XLVI

No 26

30-June-2003

GENERAL

SUPPLY/DEMAND

Japanese R&M Shakeout May Be Accelerated By METI, Warns FACTS

Japans excess refining and marketing (R&M) capacity is likely to be trimmed as a result of a combination of tightening fuel specifications and poor margins, according to Honolulu-based FACTS Inc. Yet in the report New Trends In Product Specifications: Japan Takes The Lead Towards 10PPM, published in May, FACTS analyst Tomoko Hosoe warns that the Ministry of Economy, Trade and...