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SABIC declares force majeure on supplies from Wilton, UK

November 06/2020

MOSCOW (MRC) -- SABIC Europe declared a force majeure on its low density polyethylene (LDPE) supplies from Wilton, the UK on November 3, reported NCT with reference to a source close to the company.

The company had shut its LDPE plant for a maintenance work in the first half of October.

Meanwhile, the company could not be reached for confirmation at the time of publication.

The Wilton unit is able to produce 400,000 tons/year of LDPE.

As MRC informed earlier, the company started up this plant in September, 2009.

According to MRC's ScanPlast report, September estimated LDPE consumption in Russia fell to 23,930 tonnes from 47,610 tonnes a month earlier. Russian producers reduced their domestic LDPE shipments due to shutdowns for maintenance at production capacities in Ufa, Tomsk and Kazan. Russia's estimated LDPE consumption totalled about 406,500 tonnes in January-September 2020, which virtually corresponded to the last year's figure.

Saudi Basic Industries Corporation (SABIC) ranks among the world's top petrochemical companies. The company is among the world's market leaders in the production of polyethylene, polypropylene and other advanced thermoplastics, glycols, methanol and fertilizers. SABIC manufactures on a global scale in Saudi Arabia, the Americas, Europe and Asia Pacific.
Author:Margaret Volkova
Tags:PE, LDPE, Sabic, UK, Russia.
Category:General News
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