Sunday, January 10, 2010

SABIC to halve PE supplies to long-term Asian contract customers in January and February

Polyethylene prices in Asia have risen at the end of last week on aggravated shortage in the region. World number one PE supplier Saudi Basic Industries Corp. (SABIC) has suspended operations at its pplants, halving its polyethylene supplies to long term Asian contract customers for the first two months of the year.

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