05 September 2008 12:47 [Source: ICIS news]
TOKYO (ICIS news)--Japanese chemical producer JSR plans to reduce production of synthetic rubber, emulsion and thermoplastic elastomers (TPE) from October following local ethylene producers’ latest moves to cut production, the company said on Friday.
The company would cut output of SBR (styrene-butadiene rubber), BR (butadiene rubber), NBR (nitrile butadiene rubber) and latex, all of which use butadiene as a feedstock, it said in a statement.
The producer did not disclose the range of the reduction.
Butadiene supply was expected to decrease because ethylene producers had started to cut the production of ethylene starting in summer due to a decline in demand for petrochemical products, JSR said.
“For the period of the production cut, we will see how long and by how much the ethylene producers reduce production and then decide,” JSR said.
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