Yangtze Petrochemical Now China’s Largest Butadiene Producer
The latest butadiene facility built by Yangtze Petrochemical entered trial operation on April 16, and the company reports the plant, with its 100,000 ton annual capacity, has propelled the company into China’s top butadiene production spot. Capacity at Yangtze Petrochemical has, to-date, reached 206,000 tons per annum.
The construction of this additional RMB 247 million (£18.1 million) was made necessary by growing Chinese market demand for tyres, and the company says that the market for butadiene, which is a major raw material of rubber, “looks promising and is expected to bring forth fat returns for investors.”