ExxonMobil ends Mont Belvieu HDPE sales allocation
11 September 2009 20:09 [Source: ICIS news]
HOUSTON (ICIS news)--ExxonMobil has ended a formal sales allocation on high density polyethylene (HDPE) grades from its Mont Belvieu plant in Texas, a company spokesman said on Friday.
Theallocation was in place for the month of August, Jeff Neu said. The company would not divulge the reason for the allocation
A market source said the allocation was for 80% of sales, but ExxonMobil would not confirm this.
ExxonMobil’s Mont Belvieu plastics plant has HDPE capacity of 200,000 tonnes/year, according to ICIS plants and projects.
ICIS has launched weekly pricing reports in ?xml:namespace>Africa for polyethylene and polypropylene. For more information contact Nadine Spoeri
For more on ExxonMobil's Mont Belvieu plant, visit ICIS plants and projectsBy: David Barry+1 713 525 2653
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