Qapco runs LDPE plant at full capacity
22 March 2007 08:16 [Source: ICIS news]
SINGAPORE (ICIS news)--Qatar Petrochemical Co (Qapco) has ramped up the operating rates at its low density polyethylene (LDPE) plant to 100% following its restart last week, a company source said on Thursday.
The 400,000 tonne/year plant at
LDPE supply was still tight in the Middle East despite Qapco’s plant restart, due to reduced supplies from another key
Moreover, the tight supply of high density PE (HDPE) and linear low density PE (LLDPE) has driven buyers to use LDPE as a substitute.
LDPE is selling at $1,430-1,450/tonne (€1,072-1,087/tonne) CFR (cost and freight)
($1= €0.75)
By: Prema Viswanathan
+65 6780 4359
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