Southeast Asia and India readying to add new PE capacities
Although players are currently pointing to the upcoming PE maintenances planned to be conducted in February and March in Southeast Asia as well as in the Middle East as a reason to firm up the market sentiment, the new capacities are also readying to come on-stream gradually during this period.
India’s major producer Reliance is planning to start up its new ethane-based PE plant at Jamnagar in March or April this year. This swing plant will add significant capacity to the market.
India’s OPaL is also prepared to start commercial runs at its PE lines within the first quarter. The company has two swing HDPE/LLDPE lines with the same capacity of the PE plant of Reliance as well as a standalone HDPE plant.
Thailand’s SCG, meanwhile, is planning to complete the expansion project on LDPE after 3 months in March.
Thailand’s PTT Global Chemical is also aiming to start up its LLDPE plant by the end of 2017, where metallocene grade will also be produced.
To see further details about the most updated news of new capacities as well as shutdowns and restarts around the globe at a glance, please follow ChemOrbis PE Production news .
More free plastics newsPlastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...
- China’s local PVC market retreats from 8-month high
- Initial June PE offers to SEA signal firming despite buyers’ resistance
- Firming in ethylene lags behind propylene in Europe
- PET rally stalls in China after prices hit four-and-half-year high
- Asian PS retains firming path on supportive upstream
- June PE outlook under discussion in Europe
- Taiwanese major lowers June PVC offers to Asia despite firm China
- Local PP markets cautiously firmer in Vietnam, Indonesia
- Global ethylene prices continue to defy energy rally
- China’s import polyolefin markets up on soaring crude, futures