Keyuan brings SBS line on stream

ERJ staff report (DS)

Ningbo, China -- Keyuan Petrochemicals Inc. said it has completed the trial production and comprehensive tests of its second production line for Styrene-Butadiene-Styrene ("SBS") and has now commenced commercial production.

Keyuan completed construction of the new 70,000 tons SBS production facility in September 2011. After several months' of trial production that included various technique tests, 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 tons 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 optimised for commercial production.

Keyuan said SBS is currently selling at $3,175 per ton in China.

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Press release from Keyuan