21 March 2013 08:47 [Source: ICIS news]
SINGAPORE (ICIS)--China’s Sinopec Beijing Yanshan Petrochemical is planning to shut its 120,000 tonne/year polybutadiene rubber (BR) plant at Beijing in north China for maintenance, a company source said on Thursday.
“We [will] shut down the BR plant for 35 days of maintenance from 23 March,” the source said.
The shutdown may cause BR supply in the domestic market to be reduced by nearly 7,000 tonnes during the period, a market player said.
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.
($1 = CNY6.22)
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