Taiwan’s TSRC may lower Kaohsiung SBR plant operating rate in May

01 May 2013 07:24  [Source: ICIS news]

SINGAPORE (ICIS)--Taiwan Synthetic Rubber Corp (TSRC) may consider reducing the operating rate at its 100,000 tonne/year styrene butadiene rubber (SBR) plant from 90% to 80% capacity, if the current poor market conditions persist, a company source said.

“We may cut the operating rate to 80% capacity, if market conditions do not improve in May,” the source added.

The SBR plant at Kaohsiung in Taiwan is currently running at 90% capacity after resuming production on 22 April following a 20-day scheduled maintenance, the source said.

SBR prices have been falling in recent weeks, because of weak demand and oversupply.

Non-oil grade 1502 SBR prices were at $2,000-2,050/tonne (€1,520-1,558/tonne) CIF (cost, freight & insurance) China on 24 April, down by $150/tonne since 27 March, ICIS data showed.

($1 = €0.76)

By: Helen Yan
+65 6780 4359

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