18 January 2013 03:17 [Source: ICIS news]
SINGAPORE (ICIS)--China’s Shandong Huamao New Materials Co Ltd is running its 100,000 tonne/year butadiene rubber (BR) plant at 50% of capacity, a company source said on Friday.
Market participants attributed the lower production rate to poor demand for domestic BR.
The BR plant is located in Shandong province in North China. It has a total of 4 lines with two lines normally producing BR 9000 category.
BR prices were assessed at CNY17,100-17,800/tonne ($2,749-2,862/tonne) ex-warehouse east China on 17 January, about CNY100-200/tonne lower from the previous week.
($1 = CNY6.22)
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