MOSCOW (MRC) -- Synthos has announced that it will cease production of emulsion styrene butadiene rubber (E-SBR) at its Kralupy plant in the Czech Republic in the second quarter of 2023, said the company.
The company said it had made the decision due to unpredictable utility costs, which have led to an unsustainable market environment for E-SBR for European producers; a direct result of the geopolitical situation and the Russian invasion of Ukraine, according to a company press release on 2 March.
E-SBR production has been reduced since September 2022 for commercial reasons. Synthos has a nameplate capacity of 110,000 tonnes of E-SBR at Kralupy.
The company said it has taken the decision to indefinitely cease production of E-SBR at Kralupy, which will reduce its annual E-SBR capacity from 430,000 tonnes to 320,000 tonnes. It said however that despite the reduction it would remain the largest producer of E-SBR in Europe.
Synthos will continue to produce solution styrene butadiene rubber (S-SBR), butadiene rubber (BR), E-SBR, acrylonitrile butadiene rubber (NBR) and high styrene rubber (HSR) at manufacturing sites in Poland and Germany and BR in Kralupy, according to the press release.
We remind, Synthos has announced that it is reducing its emulsion styrene-butadiene rubber (ESBR) production by 30%, effective immediately. In a statement 8 Sept, the synthetic rubber manufacturer said it could no longer operate its ESBR production at full capacity due to “unsustainable and unpredictable utility costs”. The costs, it said, have increased due to the current developments in connection with the supply of natural gas from Russia to Europe.