ERJ staff report (DS)
Houston, Texas -- The International Institute of Synthetic Rubber Producers, Inc.(IISRP) has issued three Chinese synthetic rubber market studies concerning polybutadiene rubber(BR),acrylic rubber (ACM) and the general Chinese synthetic rubber (SR) industry. The reports, preparedby CNCIC (China National Chemical Information Center), are collected in the â€œElastomer Bulletinâ€ jointlypublished by IISRP and CNCIC, according to Dr. Leon Loh, IISRP's General Director of Programs.
The first study, (2A), updates the status of the Chinese synthetic rubber industry. The cash-rich emergingcompanies in the private sector are playing an increasingly important role in the synthetic rubbermanufacturing business, versus the existing two, giant, state-own groups of PetroChina and Sinopec. Inthe next few years there will be an additional capacity of more than 300,000 tons, primarily in the area ofspecialty rubbers such as IR and IIR, by these privately-held companies.
The second study, (2B) , is about polybutadiene rubber (BR) supply and demand in Chinese market TotalBR capacity in China reached more than half million tons at the end of 2009. An additional 360,000 tonsof BR capacity will be added by year 2011 by all Chinese producers.
The third rstudy, (2C), concerns the Acrylic Rubber (ACM) market in China where total demand is about 24to 26 thousand tons per year, mainly in the automobile production and maintenance sectors.
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Press release from IISRP (Scroll down to the bottom of page)