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.
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections