31 May 2013 08:48 [Source: ICIS news]
SINGAPORE (ICIS)--China’s Tianjin Lugang Petroleum Rubber is planning to shut its 100,000 tonne/year styrene butadiene rubber (SBR) plant on 10 June for regular maintenance, a company source said on Friday.
The plant in Tianjin, which consists of two 50,000 tonne/year lines, produces non-oil grade 1502, non-oil grade 1500 and oil-extended grade 1712, according to the source.
The plant will be shut for about a month, the source said, adding that the plant is currently running at 50% capacity.
SBR prices for non-oil grade 1502 were assessed at yuan (CNY) 12,800-13,600/tonne ($2,088-2,219/tonne) ex-tank in east China on 31 May, according to Chemease, an ICIS service in China.
Tianjin Lugang Petroleum Rubber is a privately owned rubber producer based in Tianjin, northern China.
($1 = CNY6.13)
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