02 February 2012 06:43 [Source: ICIS news]
The company shut down the unit from 31 January to 2 February because of technical issues, according to the source.
“We continue to keep the unit shut in view of increasing feedstock ethylene prices,” the source said, adding that the unit will remain off line for about a month.
Current LLDPE prices are at yuan (CNY) 9,700-9,850/tonne ($1,537-1,561/tonne) compared with CNY11,100-11,500/tonne last year, according to Chemease, an ICIS service in
The company’s upstream 380,000 tonne/year naphtha cracker, along with a 120,000 tonne/year low-density polyethylene (LDPE) plant and a 170,000 tonne/year polypropylene (PP) plant, will also be shut for around 10-day maintenance in February, according to the source.
The LLDPE supply in south
($1 = CNY6.31)
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