09 October 2013 07:20 [Source: ICIS news]
SINGAPORE (ICIS)--South Korea’s LG Chem will shut its 140,000 tonne/year styrene butadiene rubber (BR) plant in mid-October for maintenance, a company source said on Wednesday.
“We will shut the SBR plant in Daesan for five days in mid-October for regular maintenance,” the source said.
Spot offers of non-oil grade SBR 1502 have increased by $100-200/tonne (€74-148/tonne) to $2,100-2,200/tonne CFR (cost & freight) Asia for October and November shipments.
Spot offers from major SBR producers have increased because of limited spot availability and rising feedstock butadiene (BD) costs.
($1 = €0.74)
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