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Saudi Arabia’s SABIC to shut its LDPE plant in UK

by ChemOrbis Editorial Team -
  • 19/02/2015 (14:39)
According to market sources, Saudi Basic Industries Corporation (SABIC) is planning to shut its LDPE plant at Wilton, the UK in March. The plant has a production capacity of 400,000 tons/year and is expected to be offline for 10 days.

It was reported that some other shutdowns in the region have tightened the supply and higher demand as well as stronger feedstock costs have resulted in bullish expectations for March ethylene contracts.
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