RELEASED ON 29/01/13 (DD/MM/YY)

Tobu Butadiene Co. Ltd is likely to curtail run rates further at its butadiene (BD) plant.

A Polymerupdate source in Japan informed that run rates at the plant are likely to be reduced to 65% of production capacity. The plant is presently operational at 70% of production capacity.

Run rates at the plant are likely to be reduced owing to weak demand fundamentals in the domestic market.

Located at Chiba in Japan, the BD plant has a production capacity of 130,000 mt/year.

SOURCE Polymer Update