14 December 2012 12:01 [Source: ICIS news]
MUMBAI (ICIS)--India’s Reliance Industries plans to restart its 40,000 tonne/year low density polyethylene (LDPE) unit in Vadodara, west India, in early January, a source close to the company said on Friday.
The unit, which was shut in November because of technical problems, had been producing LDPE injection grade.
Consequently, LDPE injection grade supply in India has tightened, driving prices higher, market players said.
Reliance is India’s sole domestic supplier of LDPE injection grade.
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