ERJ staff report (DS)
Ningbo, China -- Keyuan Petrochemicals, Inc. said it has completed the construction of its Styrene-Butadiene-Styrene ("SBS") production facility located in Ningbo, Zhejiang Province, and will begin trial manufacture later this month.
The Company started construction for the 70,000 ton SBS production facility in September 2010. Having completed the construction and equipment installation in September 2011, Keyuan is currently conducting equipment optimization and testing. It will conduct trial production runs in October and November before commercial production begins.
Chunfeng Tao, Chairman and Chief Executive Officer of Keyuan said, â€œDemand for SBS remains stable, and we are actively engaged in discussions with prospective customers. We remain confident in achieving approximately 80% utilization rate for this new facility in 2012."
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Press release from Keyuan