China’s TSRC-UBE shuts BR plant on high inventories

07 November 2012 07:15  [Source: ICIS news]

SINGAPORE (ICIS)--China’s TSRC-UBE (Nantong) Chemical Industrial has shut its 72,000 tonne/year butadiene rubber (BR) plant in Nantong, Jiangsu province, on 5 November because of high inventories, a company source said on Wednesday.

“We are shutting down the plant for about one month because of high inventories, and plan to restart the plant on 4 December,” the source said.

TSRC-UBE (Nantong), which is a major BR producer in Jiangsu province, is a joint venture between Taiwan Synthetic Rubber Corp (TSRC), which owns a 55% stake and Japanese firms Ube Industries (25%) and Marubeni (20%).

By: Miki Jiang

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