Iran’s Mehr Petrochemical declares force majeure on HDPE

29 June 2010 08:36  [Source: ICIS news]

SINGAPORE (ICIS news)--Iran’s Mehr Petrochemical has declared force majeure on high density polyethylene (HDPE) supply from its 300,000 tonne/year plant in Assaluyeh, a source close to the company said on Tuesday. 

"The plant was shut last week due to extruder problems and it’s expected to remain shut until the end of August,” the source said. 

The Mehr HDPE plant is a joint venture between Thailand’s PTT Chemical and Siam Cement, Iran's National Petrochemical Co (NPC) and Japan’s Itochu Corp. 

As much as 15,000 tonnes of film grade HDPE scheduled for shipment to the key China market in July and August each will be delayed due to the force majuere, the source said.

The producer was not immediately available for comment.

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By: Chow Bee Lin
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