NINGBO, CHINA: Keyuan Petrochemicals Inc has completed the trial production and comprehensive tests of its second production line for styrene-butadiene-styrene (SBS) and has commenced commercial production. Keyuan completed construction of the new 70,000 tonne SBS production facility in September 2011.
After several months’ of trial production, the company started commercial production with the first production line in January 2012. As of June 30, 2012, this production line had produced 13,049 metric tonne of SBS. As a result of the trial production, testing and the operational experience gained from the first line, management believes that second production line will be better adjusted and optimized for commercial production. SBS is currently selling at $3,175 per tonne in China.
Keyuan has received positive feedback from domestic customers about its SBS products. Meanwhile, the company has started preparation to enter global markets, reaching out to several potential foreign customers and sending out samples for testing. Some of the potential foreign customers have already expressed their interest in SBS products.
“In order to provide high quality products, we make various adjustments and tests according to different industrial and internal standards before the approval of commercial production. The performance of our SBS production facility has surpassed our expectation, both in technique and market acceptance,” said Chunfeng Tao, Chairman and CEO, Keyuan Petrochemicals Inc.
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