Ningbo Shunze Rubber delays NBR start-up to the end of 2010

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 Ningbo Chemical Industry Park in eastern China’s Zhejiang province, started last June.

It had been expected to start-up in June 2010, added the source.

A total of yuan (CNY) 570m ($83.4m) will be invested in the plant, which is now expected to be completed in December 2010, the source said.

“There are no reasons for the delay. We just need more time,” said the source.

Zhenhai Refining & Chemical Co, a subsidiary of Sinopec that is based in Ningbo, will supply the feedstock to the new NBR plant, the source added.

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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By: Dolly Wu
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