06 June 2008 05:46 [Source: ICIS news]
SINGAPORE (ICIS news)--Global tyre producer Bridgestone Corp has delayed the start up of its new 50,000 tonne/year styrene butadiene rubber (SBR) plant to August for further test trials, sources said on Friday.
"We need to conduct more tests to ensure full compliance with the safety standards required," a source said.
The emulsion SBR plant was originally scheduled to start up in April in Huizhou, in Guangzhou province in south China.
The delay is likely to help bolster the SBR price uptrend. SBR producers have sought a hefty 15% or about $400/tonne hike to $2,800/tonne CFR (cost and freight) Asia for the third-quarter contract price for the non-oil grade 1502.
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