15 February 2012 14:19 [Source: ICIS news]
“It is an annual shutdown for maintenance. The time of the annual shutdown [each year] depends on the plant situation,” a source at the company said.
SIDPEC, which increased its HDPE offers into the domestic market in February, said the turnaround will last for a month.
February film and blow-moulding grade HDPE offers from the producer increased by Egyptian pounds (£E) 400/tonne ($66/tonne) (€51/tonne) to £E9,000/tonne ex-factory, excluding 10% tax.
Injection grade HDPE increased by £E500/tonne to £E8,650–8,750/tonne ex-factory, excluding 10% tax.
PE demand in
Import offers for PE into
The increase in offers is caused by a bullish market sentiment in the key PE markets of
($1 = £E6.03)
(€1 = £E7.89)
For more on PE visit ICIS chemical intelligence ?xml:namespace>
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