RELEASED ON 27/05/13 (DD/MM/YY)

China’s Zhuhai Zhongguan Petrochemical is planning to start up its 70,000 tonne/year butadiene (BD) plant in Guangdong province early next year, a company source said on Monday.

The yuan (CNY) 620m ($101m) BD plant will need around 200,000 tonnes/year of etherified C4 feedstock, according to the source.

“Sinopec Guangzhou will be the major supplier of the C4 feedstock. We may also consider buying overseas cargoes if it makes economic sense,” said the source  

SOURCE Icis News