S Korea’s KKPC restarts SBR, BR plants next week after turnaround

26 October 2012 03:25  [Source: ICIS news]

SINGAPORE (ICIS)--Korea Kumho Petrochemical Co (KKPC), Asia’s largest synthetic rubber producer, will restart its styrene butadiene rubber (SBR) and butadiene rubber (BR) plants next week after completing maintenance at the units, a company source said on Friday.

The SBR plant in Ulsan has a total capacity of 480,000 tonnes/year, while the BR plant in Yeosu has a total capacity of 330,000 tonnes/year. KKPC shut the facilities on 10 October for maintenance.

“We will restart the SBR and BR plants next week but will run the BR plant at 80% of capacity until the end of the year because of poor market conditions,” the source said.

The SBR plant, on the other hand, will run at 100%, the source said.

Demand for BR has been weak and BR prices have been falling, according to industry sources.

BR prices fell to $2,600-2,700/tonne (€2,002-2,079/tonne) CFR (cost and freight) northeast (NE) Asia in the week ended 25 October, down by $50/tonne from the previous week, according to ICIS.

($1 = €0.77)

By: Helen Yan
+65 6780 4359

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