21 September 2012 06:27 [Source: ICIS news]
SINGAPORE (ICIS)--Saudi Polymers Company (SPCo) is running its new cracker and high density polyethylene (HDPE) plants, in ?xml:namespace>
Company officials could not be immediately reached for comment.
SPCo has a cracker that can produce 1.165m tonnes/year of ethylene and two 550,000 tonne/year HDPE lines.
With healthy run rates, the first few cargoes of on-spec HDPE film and medium molecular weight HDPE blow moulding grades has arrived on the Chinese shores and some southeast Asian countries, traders said.
“The first on-spec cargo has just arrived in mid September,” a trader based in
Apart from exporting to
At the same production site, SPCo has a 400,000 tonne/year of polypropylene (PP) facility, but operating rates remain low as the unit is still in the progress of stabilising its production.
Saudi Polymers is 65%-owned by
Additional reporting by Linda Naylor
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