Mideast PE, PP supply to drop in 2013
- Middle East: Wednesday, January 02 - 2013 at 03:24
A slew of ongoing and impending shutdowns at facilities in the GCC region is set to tighten the supply of polyethylene (PE) and polypropylene (PP) in 2013, ICIS has reported, citing industry sources. The affected PE and PP grades include linear low density PE (LLDPE), high density PE (HDPE) and homo polymer PP grades, where a total of 10 plants have been, or will be shut for about one month each, the sources said. Spot availability in the GCC region has started to dwindle since Abu Dhabi's Borouge began scheduled maintenance in end November for its respective production lines. "Customers across Asia have felt the tighter supplies from Borouge, especially [since] allocations have been cut," an Indian trader based in Mumbai said.
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