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SHARQ plans shutdown at PE lines in Saudi Arabia

January 22/2020

MOSCOW (MRC) -- Saudi Arabias SHARQ, or Eastern Petrochemical Company, is planning to shut its high density polyethylene (HDPE) and linear low density polyethylene (LLDPE) lines during the first quarter of 2020, reported NCT with reference to a source familiar with matter.

Located in Al Jubail, Saudi Arabia, each of the two PE lines has a production capacity of 400,000 tons/year.

The precise duration of the shutdown was not available at the time of press.

According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 1,904,410 tonnes in the first eleven months of 2019, up by 6% year on year. Shipments of all PE grades increased. PE shipments increased from both domestic producers and foreign suppliers.
Author:Margaret Volkova
Tags:PE, LDPE, HDPE, Sharq, Russia, Saudi Arabia.
Category:General News
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