|
(news.szenergy.biz) -- Jinzhou Petrochemical shut
its 30,000 tonnes/year butadiene rubber (BR) plant over the weekend as the
company’s margins are being eroded by the high cost of feedstock butadiene (BD),
a source close to the company said on Monday.
The plant at Jinzhou city
in northeastern Liaoning province was taken off line on 18 February, the source
said.
No definite restart date was set for the plant, the source
said.
Jinzhou Petrochemical is a subsidiary of China’s state-owned oil
and gas giant PetroChina.
A number of BR producers, including China’s
Shanghai Gaoqiao, South Korea’s LG Chem and Korea Kumho Petrochemical (KKPC),
Taiwan’s TSRC and Thailand’s BST Elastomers, have either shut or cut operating
rates at their facilities because of soaring BD prices.
mrcplast.com |
