04 March 2011 01:51 [Source: ICIS news]
While the company gave no explanation for the sales allocation, a buyer said ExxonMobil was running at reduced rates in the aftermath of plant issues suffered earlier in the year.
ExxonMobil operates two BD plants in the
It was not immediately known how long the sales allocations would continue.
BD is a raw material that is used primarily in the production of styrene butadiene rubber (SBR), as well as some chemical intermediates and polymer resins.
The sales allocations could further tighten the market, since new vehicle sales – the largest end-use sector for BD – rose more than 27% in February.
US Gulf March BD settled at 104 cents/lb ($2,293/tonne, €1,651/tonne), as assessed by ICIS.
In addition to
($1 = €0.72)
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