Saudi’s SABIC cuts March HDPE, LLDPE allocations for SE Asia

22 February 2012 10:13  [Source: ICIS news]

SINGAPORE (ICIS)--SABIC has cut its March allocations of high density and linear low density polyethylene (HDPE and LLDPE) to southeast Asian markets, a source close to the company said on Wednesday.

“The allocations have been cut by 50-60% for HDPE and 10-20% for LLDPE,” the source said.

The reduced allocations were partly caused by unplanned shutdowns in January at some of the company’s facilities in Al-Jubail because of a power outage, the source said.

SABIC also had a planned maintenance at its HDPE plant at the site early this month, he added.

The producer was not immediately available for comment.

By: Chow Bee Lin
+65 6780 4359

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