GPCA ’13: Iran’s PE export may be limited until end March – trader

20 November 2013 15:37  [Source: ICIS news]

DUBAI (ICIS)--Iran’s polyethylene (PE) exports may be limited right up to the end of March next year because a number of local PE plants were shut down in the fourth quarter, an Iranian trader said on Wednesday.

A cooling water pipeline in Assaluyeh was shut down because of technical issues and hence all the PE plants connected to the pipeline had to stop production, the trader said on the sidelines of the 8th annual Gulf Petrochemicals and Chemicals (GPCA) Forum.

The affected plants are all located in Assaluyeh, including Jam Petrochemical, Jam Polypropylene, Amir Kabir and MEHR, he said. They were expected to resume production in mid-November but their priority would be to meet domestic demand first.

The Iranian authority would only issue export permits for local PE producers when domestic demand was adequately met, he said.

Iran’s PE export had also been impeded by a lack of incoming shipping containers, he added.

Jam Petrochemical, Jam Polypropylene, Amir Kabir and MEHR were not immediately available for comment.

The GPCA 2013 Forum will end on 21 November.

By: Chow Bee Lin
+65 6780 4359

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