18 May 2011 11:17 [Source: ICIS news]
“The proposed MLLDPE plant outside of Asia will be located either in the Middle East or South America,” the source said on the sidelines of the four-day ChinaPlas exhibition in
SK Energy is due to start construction of a new C8 MLLDPE/elastomer swing plant in
The swing plant in
Several factors would be considered in its proposed MLLDPE investment outside
The plant would cater to the European market, if it is located in the Middle East, but it would be better positioned to make inroads into the
The company sees Europe and the
“The existing MLLDPE suppliers can command very high premiums because there are only a handful of suppliers in the world now,” the source said.
The high price premiums of MLLDPE in Europe and the
SK Energy has identified potential partners for marketing and distributing its product in the US, and it was open to shipping its material in bulk to cater to the
If SK Energy’s proposed plant is to be built in South America, it is likely to be in
ChinaPlas, the largest plastics event in
($1 = €0.70)
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