LyondellBasell declared force majeure on its PP and HDPE units
Sources from the company say that this outage is untimely since both plants had undergone a planned maintenance on September 15 and been just restarted after more than a month.
The PP plant has a production capacity of 400,000 mt/year of polypropylene and HDPE plant has a production capacity of 320,000 mt/year of polyethylene.
According to the media reports, Basell Orlen Polyolefins, a joint venture between LyondellBasell and PKN Orlen, informed LyondellBasell that the restart of the plants is high priority but no information about the exact date of the restart was given.
LyondellBasell and Basell Orlen Polyolefins did not comment on the matter.
More free plastics newsPlastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...
- Supply limitations bolster Feb PP and PE outlook in Turkey
- China’s import PP markets climb to 6-month highs prior to Lunar New Year
- Weak activities press import PE, PP suppliers for discounts in Egypt
- Price erosion continues inside Middle Eastern polyolefins markets
- European PP, PE markets open 2023 with renewed drops
- Tight supply keeps expectations bullish in Turkey’s PVC market
- End of China’s ‘zero-COVID’ stance: Double-edged sword for Asia PVC, PP and PE markets
- Mid-Eastern sellers approach China, SE Asia and Turkey with firmer PP, PE prices for Jan
- Egypt’s local PE, PP markets head north as pound plunges to new low
- Styrenics markets reverse slump after months-long downtrend in Europe