26 August 2013 13:20 [Source: ICIS news]
SINGAPORE (ICIS)--PTT Global Chemical (PTTGC) plans to restart its 300,000 tonne/year low density polyethylene (LDPE) plant at Map Ta Phut, Thailand, in mid October, after shutting it in early July because of technical issues, a source close to the company said on Monday.
LDPE import prices in China and southeast Asia soared after PTTGC shut its plant and declared force majeure on production.
LDPE supply in southeast Asia is expected to be tight in September and October because Malaysia’s Petlin, another major regional LDPE producer, is scheduled to shut its 255,000 tonne/year plant on 1 September for a 45-day turnaround, regional traders said.
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