24 August 2012 07:13 [Source: ICIS news]
The feedstock benzene supply is short because Tianjin Petrochemical shut its 400,000 tonne/year benzene plant on 15 August, according to the source.
The producer’s downstream 200,000 tonne/year acrylonitrile-butadiene-styrene (ABS) unit and 120,000 tonne/year expandable polystyrene (EPS) unit are running at just 20-30% of capacity, the source added.
Dagu Chemical has decided to cancel some contract supplies and will suspend spot sales in September.
SM prices in north
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