Venezuela’s HDPE supply tight on plant expansion

19 December 2007 23:29  [Source: ICIS news]

HOUSTON (ICIS news)--Supply of high density polyethylene (HDPE) has tightened in Venezuela during December due to expansion work in Polinter's 100,000 tonnes/year HDPE plant, a source with distributor Coramer said on Wednesday.

With the expansion, production capacity will increase to 160,000 tonnes/year. The plant has been stopped since November and is expected to restart in January, although no precise date was mentioned.

The plant undergoing expansion work produces material for blow moulding, film and pipe applications, the source said.

Some of the product shortages in the domestic market were being covered with imports, which at times were slow to arrive, the source said.

Currently, demand is soft in Venezuela due to personnel vacations and the approach of the year-end holidays. The local producer hopes to rebuild stocks in December in preparation for stronger demand in January.

By: George Martin
+1 713 525 2653

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