18 February 2009 08:00 [Source: ICIS news]
SINGAPORE (ICIS news)--Butadiene (BD) imports into South Korea fell by a massive 67% year-on-year to 5,000 tonnes in January, according to the latest statistics from the Korea International Trade Association, reflecting the slump in the global automobile industry.
BD is a major raw material used by synthetic rubber producers to make tyres for the automobile industry.
South Korea is a major producer of synthetic rubber but manufacturers have cut back on production amid the deepening global economic downturn.
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