18 April 2011 04:08 [Source: ICIS news]
The plant in
“The feedstock BD price is rising too fast and [is] too high, which has eroded our margins, so we have no choice but to reduce the operating rate of the NBR line,” the source added.
The company is also planning to shut its 70,000 tonne/year styrene-butadiene-styrene (SBS) plant in May for the same reason.
BD spot prices surged by more than $200/tonne (€138/tonne) week on week to $3,080-3,120/tonne CFR (cost and freight) NE (northeast)
($1 = €0.69)
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