High Butadiene Costs Urged Huayu Rubber Co to Shut Down Butadiene Rubber Facility for Jan 2012

(chemmonitor) -- Huayu Rubber Co., Ltd (China) shut down a 80,000 ton/year butadiene rubber facility at Heze, Shandong province for Jan 2012 due to high feedstock costs. Butadiene costs went too high and the company could not afford it.

Meanwhile, Huayu Rubber runs its 80,000 tonne/year butadiene rubber facility at the same site which is operating at its ultimate capacity.

Being the key butadiene rubber manufacturer in Shandong province, Huayu Rubber's plant closure should soothe the current excess supply picture in the domestic market.

MRC

(ICIS)--Sinopec Beihai Petrochemical has started up its new 5m tonne/year refinery at Beihai in Guangxi and will offer oil products from next month, a company source said on Friday.

The company also plans to start up all auxiliary units, primarily a 1.7m tonne/year fluid catalytic cracker, a 2.6m tonne/year gasoil hydrogenation unit, a 1.2m tonne/year delayed coker and a 200,000 tonne/year polypropylene (PP) plant at the same site before the Lunar New Year holiday (22-28 January).


However, initially the units will not run at high operating rates, the source said.
⌠We will begin to supply oil products in January, the source added.
The refinery was previously scheduled to start on 18 December, but production was delayed until late December as a fluid catalytic unit was not ready for operation at the time.

Production at this refinery will help to push up Sinopec's crude throughput in 2012, industry sources said.

MRC