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

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’s Shen Hua Chemical Industrial plans to shut its 70,000 /year butadiene- 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 plans to shut from early July 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 April 2017, S&P Global Platts data showed.

-Fumiko Dobashi, fumiko.dobashi@spglobal.com

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