17 July 2008 06:04 [Source: ICIS news]
By Prema Viswanathan
The 550,000 tonne/year high density PE (HDPE)/linear low density PE (LLDPE) swing plant had been running at 50% operating rate since the end of June, causing its PE allocations for July and August shipments to be halved.
Gas supply has been curtailed due to a debottlenecking exercise being undertaken ahead of the start-up of Equate’s Olefins II project at the same site, due in September.
The company had also delayed its PE expansion to September due to shortage of ethylene feedstock.
Another reason for the reduction in PE operating rates was the diversion of existing ethylene supply to the new 600,000 tonne/year monoethylene glycol (MEG) plant, expected to start up later this month, the source said.ICIS chemical intelligence
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