Kumho-petrochemical_yeosu_sr

Kumho Petrochemical expects materials prices to rise

Seoul – Kumho Petrochemical is expecting slight improvements in prices for butadiene and maybe also synthetic rubber over the coming months – in contrast to the roller-coaster trends of last year.

In its 2017 full year financial statement, the South Korean rubber and resin manufacturer said butadiene supply is forecast to be “stable” due to new operations in the region.

However, the company added, supply is expected to tighten in the second quarter ‘temporarily’ due to planned shutdowns by naphata cracker operators.

As for synthetic rubber prices, the…

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