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Oct 30, 2008

Butadiene prices in Asia were forced to reduce butadiene market load

At present, as a result can not be digested butadiene (for raw material) prices in Asia butadiene rubber (BR) device manufacturers to stop or reduce the rate of load devices. August shipment of butadiene, a spot opened up 100 U.S. dollars / ton, rose to 1600-1650 dollars / ton (North-East Asia, C & F price), the most recent closing price for the 1500-1530 U.S. dollars / ton.

In South Korea, LG Petrochemical Company on August 6 will be shut down 75,000 tons / year BR plant, parking for two weeks. Kumho (Kumho) petrochemical company in mid-August to 200,000 tons / year butadiene rubber plant's capacity to reduce the rate of 20%, down to 80%. LG officials said: "We can not digest such a high price of butadiene, it can not be passed on to downstream users, this is what we want to let in August butadiene rubber stop for two weeks. If the price of butadiene Continue to rise, we will extend the parking time. "Kumho officials said:" Our profit was butadiene prices rose sharply, crowding out. "In addition to the South Korean manufacturer, China Taiwan Synthetic Rubber Corporation (TSRC) 5 million Tons / year butadiene rubber plant's parking extended for another week, to extend to early August. TSRC is also intended to reduce the 100,000 tons / year styrene-butadiene rubber (SBR) devices and 50,000 tons / year thermoplastic elastomer (TPE) load devices, the two sets of devices are used as raw materials butadiene. Another Asia butadiene rubber producers Thailand BST Elastomers companies also plan in August to its 42,000 tons / year capacity of the device to reduce the rate of 20%, down to 80%.

Asia, Europe and the United States a series of parking and parking is about to have been so obvious tension butadiene supply market, rising fuel prices spiral. In Asia, China Taiwan Chinese Petroleum Corporation (CPC) in August came to a halt on the 5th cracker and 75,000 tons / year butadiene extraction unit, parking 40-45 days. In Europe, Total (Total) Petrochemical Company has announced that force majeure, Lavera in France can not supply the joint venture butadiene extraction plant production. This device as a result of summer heat, stop by the end of July in Europe's summer heat has made several cracker to reduce the load on the rate of 5-10%. To be alert as a result of ozone (layer) combined with the problems caused by hot days, Naphtachimie in France Cavera the cracker is still run by the load.

In the United States, Huntsman (Huntsman) Port Arthur, Texas, the cracker, including butadiene extraction plant on April 29 after a fire broke out, is still parked, Huntsman was announced force majeure. United States olefin production of light commercial hydrocarbon fuels, such rough four-carbon (the raw material for the production of butadiene) of production is relatively low, so that in a difficult situation even more tense supply of butadiene in Asia synthetic rubber producers have also unlucky .

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