S Korea’s LG Chem to maintain full run rates at SBR plant in March

12 February 2014 02:32 Source:ICIS News

SINGAPORE (ICIS)--South Korea’s LG Chem will maintain full operating rates at its 140,000 tonne/year styrene butadiene rubber (SBR) plant in Daesan next month, a company source said on Wednesday.

“The SBR plant is running at full rate in February and we will maintain this full rate in March,” the source said.

Buying interest for SBR is expected to pick up on restocking activities after the Lunar New Year holiday.

The Lunar New Year, which falls on 31 January, is celebrated in most parts of northeast and southeast Asia.

The key Chinese market was closed from 31 January to 6 February for the Lunar New Year celebration.

By Helen Yan