11 May 2007 16:23 [Source: ICIS news]
PE has tightened throughout the month due to some production issues and strong demand over the past few months.
LDPE in particular was experiencing tight availability as two cases of force majeure were in place this week, at Total and INEOS.
Total’s PE at Gonfreville in ?xml:namespace>
INEOS Polyolefins declared force majeure on LDPE from its
The two LDPE lines have a capacity of 350,000 tonnes/year, split more or less evenly between the two lines.
PE producers were attempting to increase prices in May.
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