China’s Shen Hua to shut butadiene-rubber plant for one-month maintenance

0
239

China’s Shen Hua Chemical Industrial plans to shut its 70,000 /year butadiene- plant at Nantong from next week for one month of maintenance, a company source said Tuesday.

China's Shen Hua to shut butadiene-rubber plant for one-month maintenanceThe company also has a 180,000 mt/year styrene-butadiene-rubber plant, which it plans to shut from early for around 3-4 weeks of maintenance, the source said. plants in China were currently operating at low rates due to high butadiene feedstock costs, market sources said. On Monday, CFR China butadiene was assessed at $1,780/mt, the highest level since 2017, S&P Global Platts data showed.

-Fumiko Dobashi, fumiko.dobashi@spglobal.com

LEAVE A REPLY

Please enter your comment!
Please enter your name here