Released on 07/01/13

China’s Sinopec Guangzhou plans to shut its 30,000 tonne/year butadiene (BD) unit on 10 January for scheduled maintenance, a source close to the company said on Monday.

The shutdown will last 10 days, and the company is expected to have a loss of about 900 tonnes of BD output because of this maintenance, the source said.

Sinopec held its offers stable at yuan (CNY) 13,300/tonne ($2,135/tonne) EXW (ex-works) on 7 January. It is expected to maintain its offers at this price to Lunar New Year, the source added.

China’s Sinopec Guangzhou is a BD producer in China.

Source ICIS News

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