E-Styrenics: We will resume offering as of early Feb

A source from Egypt’s local PS producer said that they will resume offering as of the beginning of February, noting that their plant is still offline due to a styrene shortage.

“We will skip offering in January and wait until next month. Currently, we are waiting to receive our new styrene shipments for our plants,” said the source.

Regarding the producer’s export activities, the source added that the company has been delivering to Europe smoothly since July 2016 via UK’s New Perspective while for the last two months, they have been exporting their cargoes themselves in big quantities and they are seeing good demand.