18 September 2012 08:26 [Source: ICIS news]
SINGAPORE (ICIS)--China’s Hangzhou Zhechen Rubber is planning to shut down its 50,000 tonne/year styrene butadiene rubber (SBR) plant at Hangzhou, Zhejiang province on 10 October for maintenance, a company source said on Tuesday.
"We will shut the plant for 20-25 days," the source said.
The company will also complete construction of a new 50,000 tonne/year SBR plant at the same site in October, the source added.
On 17 September, SBR prices in China were at yuan (CNY) 19,400-20,100/tonne ($3,070-3,180/tonne), up by CNY1,000-1,100/tonne from the previous week, according to Chemease, an ICIS service in China.
For oil-extended grade 1712 SBR, prices rose by CNY1,300-1,500/tonne to CNY17,000-17,500/tonne over the same period.
($1 = CNY6.32)
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