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New LDPE capacities to come onstream in the Middle East

April 28/2012
(plastemart) -- Two new LDPE plants are slated to come onstream in the Middle East in June, according to market sources.

As the scheduled start-up dates draw near, some players have started to voice their opinion about the prospect of the LDPE market, arguing "The extra availability may put pressure on LDPE prices as these plants are coming online at a time when prices have already turned down."

Qatar Petrochemical Company is planning to start up its new 300,000 tpa LDPE plant at Mesaieed by the end of June while Saudi Kayan is set to commission its new LDPE plant with the same capacity in June as well.

mrcplast.com
Author:Anna Larionova
Tags:LDPE, Qatar Petrochemical.
Category:General News
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