S Korea’s LG Chem to shut down Daesan SBR plant

17 September 2008 07:06  [Source: ICIS news]

SINGAPORE (ICIS news)--South Korean synthetic rubber producer LG Chem will shut down its 125,000 tonne/year styrene butadiene rubber (SBR) plant in Daesan on Friday for debottlenecking, a company source said on Wednesday.

"We will shut down on 19 September for one week until 26 September to debottleneck the plant to 135,000 tonnes/year," the source added.

The additional supply is unlikely to have any significant impact on pricing in Asia, as it has apparently been committed.

"We are fully booked for the rest of the year and have very little spot availability," the source at LG Chem said.

SBR non-oil grade 1502 was pegged in a wide range at $3,200-3,450/tonne CFR (cost and freight) Asia, depending on the origin and terms and conditions.

For more on SBR visit ICIS chemical intelligence
To discuss issues facing the chemical industry go to ICIS connect

By: Helen Yan
+65 6780 4359

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly