14 January 2013 03:44 [Source: ICIS news]
SINGAPORE (ICIS)--China’s Sinopec Guangzhou shut its 30,000 tonne/year butadiene (BD) unit on 12 January for maintenance, a source close to the company said on Monday.
Sinopec Guangzhou originally planned to shut the BD unit on 10 January, the source said without specifying the reason for the delay.
The shutdown will last 10 days, and it is expected to result in a loss of 900 tonnes of BD output, the source added.
The spot BD price is at yuan (CNY) 13,300/tonne ($2,138/tonne) EXW (ex-works) on 14 January, unchanged from 11 January, according to Chemease, an ICIS service in China.
China’s Sinopec Guangzhou is a BD producer in China.
($1 = CNY6.22)
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