China’s Fuxiang Chemical runs Quanzhou BR plant at 50%

21 March 2013 07:52  [Source: ICIS news]

SINGAPORE (ICIS)--China’s Fuxiang Chemical is running its 50,000 tonne/year butadiene rubber (BR) plant at Quanzhou in Fujian province at 50% capacity after restarting on 18 March, a company source said on Thursday.

The BR plant had been shut since late February because of technical, the source said.

Meanwhile, Fuxiang Chemical is running its 100,000 tonne/year styrene butadiene rubber (SBR) plant at the same site at full capacity, the source added.

Domestic BR spot prices in east China were assessed at yuan (CNY) 15,300-16,000/tonne ($2,460-2,572/tonne) EXWH (ex-warehouse) on 20 March, according to Chemease, an ICIS service in China.

Fuxiang Chemical is a joint venture of Fujian Petrochemical Industrial Corp, Meizhouwan Chlor-Alkali Industry and Fujian Huaxing Group.

($1 = CNY6.22)

By: MK Liu

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