16 April 2010 18:22 [Source: ICIS news]
HOUSTON (ICIS news)--Chile’s local refiner ENAP was giving some indications that operations could resume in June, although it was not clear at what rate, an industry source said on Friday.
Although Dow Chemical’s PE plant and Petroquim’s PP facility at
In the meantime, Chilean buyers had resorted to imports to cover needs, finding that regional volumes were also in short supply and too expensive.
Cracker problems in
Some PP from
Domestic polymer prices in
Korean imports have surfaced as the most competitive for those who dare to risk price changes in the nearly 70 days it takes for shipments of Asian material to reach
A source with ENAP said that when production resumes, the biggest problem will be to displace such competitive imports.
($1 = €0.74)
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