South Korea's Kumho Petrochemical plans to reduce Ulsan rubber plant loading rate in May

    According to reports, South Korea's Kumho Petrochemical Company stated that due to rising raw material butadiene prices, the company considered reducing the load of a 100,000 tonne/year plant BR/NBR switching device at Ulsan in May. rate. The load factor of the device will be reduced from the current 100% to about 80% of the next month. In addition, the company also plans to close its 70 kt/yr styrene-butadiene block copolymer (SBS) unit in May. Kumho Petrochemical is Asia's largest synthetic rubber producer and a big buyer of butadiene. Last week, the price of butadiene in Asia soared more than 200 US dollars / ton over the previous week, April 15 rose to 3080-3120 US dollars / ton CFR Northeast Asia.

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