25 February 2010 12:08 [Source: ICIS news]
SHANGHAI (ICIS news)--Ningbo Shunze Rubber Co has delayed the start-up of its new 50,000 tonne/year acrylonitrile butadiene rubber (NBR) plant to the end of this year, a source close with the China-based company said on Thursday.
Construction on the plant, which will be based at the ?xml:namespace>
It had been expected to start-up in June 2010, added the source.
A total of yuan (CNY)
“There are no reasons for the delay. We just need more time,” said the source.
NBR is used in a wide range of applications, including inner tubes for fuel and oil hoses, oil seals, grommets, industrial rubber belts and cables, and examination gloves.
($1 = CNY6.83)
Alex Feng from CBI contributed to this article
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