Taiwan’s TSRC may cut output at SBR plant on weak demand

01 November 2012 02:26  [Source: ICIS news]

SINGAPORE (ICIS)--Taiwan’s TSRC may cut the operating rate of its 100,000 tonne/year styrene butadiene rubber (SBR) plant at Kaohsiung from 100% capacity if market conditions do not improve, a company source said on Thursday.

“If the orders do not come in and the market conditions remain weak, we will consider cutting the operating rate of the SBR plant to 80% of capacity in November,” the source said.

SBR prices have declined because of weak demand. In the week ended 31 October, non-oil grade 1502 SBR prices fell by $50/tonne (€39/tonne) from the previous week to $2,400-2,500/tonne CFR (cost & freight) northeast (NE) Asia, according to ICIS data.

($1 = €0.77)

By: Helen Yan
+65 6780 4359

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