02 December 2011 14:49 [Source: ICIS news]
LONDON (ICIS)--The restart of polyethylene (PE) plants at Polimeri Europa’s site in ?xml:namespace>
“We were supposed to start up on Monday, unfortunately there has been a delay,” said the source at the Italian petrochemical company. “We hope to start both LDPE and LLDPE [plants] by next Monday.”
Milan-based Polimeri Europa has a 200,000 tonne/year low density polyethylene (LDPE) unit and a 140,000tonne/year linear low density polyethylene (LLDPE) plant at
Meanwhile, Polimeri's cracker at
Production at the LDPE and LLDPE plants was brought to a halt following an unexpected shutdown of the cracker on 23 October.
Despite the outage, the company has been able to serve its customers needs as supply continues to outstrip demand in
LDPE spot prices were at €1,030-1,090/tonne FD (free delivered) NWE (northwest
Polimeri Europa is a wholly-owned subsidiary of Eni, the Italian oil and gas major.
LDPE and LLDPE are widely used in the packaging and agricultural sectors.
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