11 January 2013 08:46 [Source: ICIS news]
Correction: In the ICIS news story headlined "China to start up three new BR plants in H1 2013" dated 11 January 2013, please read in the third and fourth paragraphs … 100,000 tonne/year BR plant … instead of … 50,000 tonne/year BR plant …. Also ...
Please read in the sixth paragraph … 1.462m tonnes/year … instead of 1.362m tonnes/year …. A corrected story follows.
Maoming Petro-chemical Shihua will start up its new 100,000 tonne/year BR plant at Maoming, Guangzhou province in February, a company source from Maoming Petro-chemical Shihua said.
YPC-GPRO (Nanjing) Rubber plans to start up its new 100,000 tonne/year BR plant at Nanjing, Jiangsu province in April, one company source from YPC-GPRO (Nanjing) Rubber said.
Zhejiang Transfar Synthetic Material will bring on stream its new 100,000 tonne/year BR plant at Hangzhou in Zhejiang province in the second quarter of 2013, a source from the company said, without specifying the start-up date.
The details of these projects were not available immediately.
The total BR capacity in China is 1.162m tonnes/year, and it is expected to reach 1.462m tonnes/year following the new start-ups.
The BR market will face supply pressure with the rapid increase of the total capacity amid weak downstream demand, an industry source said.
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