China’s Fuxiang Chemical runs Quanzhou BR plant at 50% capacity

09 October 2012 05:07  [Source: ICIS news]

SINGAPORE (ICIS)--China’s Fuxiang Chemical is running its 50,000 tonne/year butadiene rubber (BR) plant at Quanzhou in Fujian province at 50% capacity after restarting on 28 September, a company source said on Tuesday.

The BR plant was shut on 4 September for regular maintenance and it was running at 50-60% of capacity before its shutdown because of feedstock butadiene (BD) shortage, the source said.

Domestic BR spot prices in east China were assessed at yuan (CNY) 20,300-21,400/tonne ($3,227-3,402/tonne) EXWH (ex-warehouse) on 8 October, according to Chemease, an ICIS service in China.

Fuxiang Chemical is a joint venture of Fujian Petrochemical Industrial Corp, Meizhouwan Chlor-Alkali Industry and Fujian Huaxing Group.

($1 = CNY6.29)

By: MK Liu

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