Daelim mulls HDPE production cuts at Yeosu lines

18 September 2008 07:59  [Source: ICIS news]

SINGAPORE (ICIS news)--South Korean high density polyethylene (HDPE) producer Daelim Industrial is considering the option of cutting production at its No 1 and No 2 plants in Yeosu by the end of September due to weak demand, a source close to the company source said on Thursday.

 

“It may cut production if export demand doesn’t improve by end [of] September but this is not confirmed yet,” the source said.

 

Daelim’s No 1 HDPE line with a 130,000 tonne/year capacity was producing blow moulding grade for large containers and its No 2 HDPE unit with the same capacity was producing blow moulding grade for small containers, he said.

 

Its No 3 HDPE line with a 140,000 tonne/year capacity was producing pipe grade, he added.

 

South Korea’s other HDPE producers include Honam Petrochemical and LG Chem.

 

For more on HDPE visit ICIS chemical intelligence

To discuss issues facing the chemical industry go to ICIS connect

 

 

 

By: Chow Bee Lin
+65 6780 4359

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.

Printer Friendly