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(ICIS) -- Kuwait-based EQUATE has ramped
up its high density polyethylene (HDPE) production last week after restarting
its 850,000 tonne/year HDPE/linear low density PE (LLDPE) swing plant at the end
of October, a source close to the company said on Monday. The exact date of the
restart is not available.
The plant, located at Shuaiba, was shut for a few days at the end of
October because of technical problems, the source said. However, after the plant
was restarted, it continued to face technical issues which kept the operating
rate low, the source added.
The plant was producing LLDPE from 15 August until the shutdown. There
are no details on the exact operating rate. EQUATE officials could not be
reached for comment.
Perspectives of development of the polymers markets, pricing issues and
other important aspects will be discussed at The Polymers
Summit-2011, which will be held in Moscow on November 30, 2011 at the
Ritz Carlton Hotel. The Summit is organized by MRC with the support of ICIS. The
main idea of the Summit is to find a "the golden mean" between producers and
converters. When producers receive exactly such margin of production, which
helps them to invest in production expansion in order to substitute polymers
imports, and the converters receive such price of feedstock that helps them to
compete imported finished products. The Summit site gives an access to the live
video of the Summit, speakers' presentations, as well as opportunities to ask
questions or make appointments to any Summit partcipant.
mrcplast.com
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