22 November 2011 11:04 [Source: ICIS news]
By Ong Sheau Ling
“We have to find alternatives to our [Iranian] suppliers. It is forbidden for
A sizeable chunk of China's PE imports is at risk because of growing international pressure to isolate
In the first nine months of 2011,
The impact on supply will be most felt on the HDPE injection and blow moulding grades given that there are few such suppliers in the market, said a second Chinese importer.
“LDPE film supply is currently still outstripping the demand, so even if Iranian goods are out of the picture, the supply availability will still meet the demand,” the importer added.
A third Chinese importer said it has reduced its monthly LDPE film import volumes from
But a source from Petrochemical Commercial Co (PCC) - the biggest trading firm in Iran that markets some of the country’s polymers output abroad - said that
Iranian polymer producers Arya Sasol, Laleh, Mehr and Marun export more than a third of their polymers output to
“Many of the petrochemical plants here [in
In an unlikely event that the
Additional reporting by Kitty Li
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