02 November 2011 04:01 [Source: ICIS news]
SINGAPORE (ICIS)--Thailand’s PTT Global Chemical (PTTGC) may shut its 400,000 tonne/year linear low density polyethylene (LLDPE) plant at Map Ta Phut in mid-November because of weak domestic demand, a company source said on Wednesday.
“The plant may be shut for two weeks,” the source said
Domestic demand is weak because of the massive floods that have hit several parts of the country in recent weeks, the source said.
Some plastics processing plants have cut or stopped their operations, either because their factories are flooded or their supply of raw material has been disrupted as a result of the floods, he said.
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.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections