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Egypt’s SIDPEC denies market rumors of shutdown

by ChemOrbis Editorial Team -
  • 11/08/2016 (14:01)
A source from Egypt’s local HDPE producer SIDPEC denied rumors in the market regarding the shutdown on HDPE blow moulding and injection production lines.

The source noticed, “The plant is working at full capacity and we are delivering HDPE blow moulding and injection cargoes to the market this week. Plus, demand on our cargoes is performing very well.”

At the beginning of the month, the local producer had revealed their August HDPE prices with increases of around EGP1000-1100/ton ($113-124/ton) when compared to their July levels.
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