China’s Sinopec Baling shuts Yueyang BR plant for maintenance
01 November 2012 08:37 [Source: ICIS news]
SINGAPORE (ICIS)--?xml:namespace>China’s Sinopec Baling has shut its 60,000 tonne/year polybutadiene rubber (BR) plant for maintenance at Yueyang, Hunan province on 1 November because of poor market conditions, a company source said on Thursday.
Domestic BR prices in China decreased by yuan (CNY) 600-800/tonne ($96-128/tonne) to CNY19,700-20,600/tonne ex-warehouse (EXWH) on 31 October from 1 October, according to Chemease, an ICIS service in China.
The source did not specify the duration of the shutdown.
The shutdown will have little impact on the market because of the plant’s small capacity, a market player said.
($1 = CNY6.24)By: MK Liu
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial
to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free
trial to ICIS Chemical Business.