19 March 2013 09:23 [Source: ICIS news]
SINGAPORE (ICIS)--China’s TSRC-UBE (Nantong) Chemical Industrial is running its 72,000 tonne/year butadiene rubber (BR) plant in Nantong, Jiangsu province, at 80% capacity because of eroded margins and weak market conditions, a company source said on Tuesday.
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%).
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