S Korea’s KKPC to run BR plants in Yeosu at 70% capacity in June

30 May 2013 04:00  [Source: ICIS news]

SINGAPORE (ICIS)--Korea Kumho Petrochemical Corp (KKPC) will continue to run its two butadiene rubber (BR) plants in Yeosu at 70% capacity in June, because of the weak market conditions, a company source said.

The South Korean producer has been running its BR plants at 70% capacity in May, the source added.

The smaller BR plant has a capacity of 120,000 tonnes/year, while the other BR plant has a capacity of 220,000 tonnes/year.

BR spot prices have dropped by 17% since early March to average at $2,175/tonne (€1,679/tonne) CFR (cost & freight)  northeast (NE) Asia on 23 May, according to ICIS data.

On 7 March, BR prices averaged at $2,600/tonne CFR NE Asia, ICIS data showed.

($1 = €0.77)

By: Helen Yan
+65 6780 4359

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