China’s Fuxiang Chemical produces oil-extended grade SBR 1712

17 July 2012 04:38  [Source: ICIS news]

SINGAPORE (ICIS)--China’s Fuxiang Chemical started producing oil-extended grade styrene butadiene rubber (SBR) 1712 for the first time on 16 July, a company source said on Tuesday.

“We switched one line of our SBR plant to produce oil-extended grade SBR 1712 yesterday [Monday] afternoon,” the source said.

Fuxiang Chemical has one two-line SBR plant with a total capacity of 100,000tonnes/year, with both producing non-oil grade SBR 1502 before 16 July. However, the company changed one line to produce oil-extended grade SBR 1712 that goes into making of tyres.

“The line producing oil-extended grade SBR 1712 will operate at 80% and the other line producing non-oil grade SBR 1502 will operate at 100%,” the source added.

Non-oil grade SBR 1502 traded at yuan (CNY) 20,000-20,800/tonne ($3,135-3,260/tonne) in east China on 16 July, down by CNY600-1,000/tonne from last week.

Oil-extended grade SBR 1712 traded at CNY18,700-18,800/tonne, down by CNY300-700/tonne from last week, according to Chemease, an ICIS service in China.

 ($1 = CNY6.38)

By: Sunny Pan

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