16 June 2011 10:53 [Source: ICIS news]
TOKYO (ICIS)-- Japanese chemical producer JSR and Thai chemicals firm Bangkok Synthetics (BST) plan to start the first phase of construction for their joint venture (JV) solution-polymerisation styrene butadiene rubber (S-SBR) project at Map Ta Phut in March 2012, a source from JSR said on Thursday.
JSR and BST signed a letter of intent for the JV in February, and the two companies signed the final agreement for building the plant on 14 June, the source said.
The first phase of the project will have an initial capacity of 50,000 tonnes/year, JSR said in a statement.
During the project’s second phase, the capacity will be ramped up to 100,000 tonnes/year, the statement added.
According to the statement, the S-SBR facility is scheduled to come on stream in June 2013.
BD is a key raw material for SBR, and S-SBR is a synthetic rubber mainly used for manufacturing fuel-efficient, high-performance tyres and industrial applications.
The SBR from the plant will be sold in ?xml:namespace>
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