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Egypt’s SIDPEC faces a tech issue on HDPE film line

by ChemOrbis Editorial Team - content@chemorbis.com
  • 12/01/2015 (17:16)
In Egypt, the local producer SIDPEC’s HDPE film deliveries are said to have been disrupted while a source from the company confirmed these market talks by saying, “We have come across a technical problem at our HDPE film line and therefore, we will not be able to resume our HDPE film operations until next Sunday. However, our HDPE blow moulding and injection deliveries are proceeding normally. Regarding buying interest, our prices see acceptance from buyers and the fact that our HDPE line is not working at full capacity is helping the market to preserve its current levels for this product.”

SIDPEC cut their January HDPE film and blow moulding prices to EGP10200/ton ($1427/ton) and to EGP10300/ton ($1440/ton), respectively, on ex-Alexandria, cash not inc VAT basis. Meanwhile, their HDPE injection offers came down to EGP10100-11000/ton ($1412-1538/ton) with the same terms. The high end of the HDPE injection range is offered for products with 38-40 MFI values.
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