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Kuwait-based EQUATE ramped up its high density polyethylene production

November 21/2011

(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.


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