NewsFlashSabic Gelsenkirchen lldPE down again

25 August 2006 11:11  [Source: ICIS news]

LONDON (ICIS news)--Sabic’s 350,000 tonnes/year linear low density polyethylene (lldPE) unit in Gelsenkirchen, Germany was out of action again on Friday after coming back up from an unplanned outage earlier in the week, a company source said.
“The plant went down last night [Thursday] and will be down for anything between one and five days,” the source commented.

It had gone down unexpectedly last week and came back up again on Tuesday, only to fail again on Thursday evening.

The unit produces C6 lldPE and its further downtime was expected to add to the tightness already felt in this sector.

Producers have announced increases of €80-120/tonne for September polyethylene (PE) business. Prices have risen by around €30/tonne in August, leaving C4 lldPE numbers around €1,200/tonne free delivered (FD) Northwest Europe (NWE) on a gross basis, according to gobal chemical market intelligence service ICIS pricing.

By: Linda Naylor
+44 20 8652 3214

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