January 15 (plastemart.com) -- Polyethylene
prices in Asia have risen at the end of last week on aggravated
shortage in the region. World number one PE supplier Saudi Basic
Industries Corp. ( Sabic)
has suspended operations at its plants, halving its polyethylene
supplies to long term Asian contract customers for the first two months
of the year. The reasons behind the reduction in supplies have not been
disclosed. This cutback could be followed by reduced production of EG,
VCM and polyvinylchloride . mrcplast.com
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