China’s Zibo Qixiang achieves on-spec production at new BD plant

05 June 2012 04:13  [Source: ICIS news]

SINGAPORE (ICIS)--China’s Zibo Qixiang said late on Monday it achieved on-spec production at its new 100,000 tonne/year butadiene (BD) plant at Zibo in Shandong province on 2 June.

The yuan (CNY) 398m ($63m) BD plant had its name plate capacity raised to 100,000 tonnes/year from the initial plan of 70,000 tonne/year because of positive outlook of downstream rubber market, the producer said in a statement to the Shenzhen Stock Exchange.

After the start-up, half of the BD output will be for captive use at its 50,000 tonne/year butadiene rubber (BR) plant and the rest will be sold in the spot market.

($1 = CNY6.36)

By: Rachel Yang

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