Sinopec SABIC Tianjin Petrochemical Cuts Jan LLDPE Output
OREANDA-NEWS. January 17, 2012. China’s Sinopec SABIC Tianjin Petrochemical expects to produce only around 26,000 tonnes of linear low density polyethylene (LLDPE) in January, about 13% lower than usual, because of current low product prices, a source close to the company said.
Its plant, located in northern China, typically produces 30,000 tonnes of the polymer each month, the source said.
The facility has a designed capacity of 300,000 tonnes/year, he said.
“The reason why Sinopec SABIC Tianjin Petrochemical cut down LLDPE film output may be because the prices were below cost,” the source said.
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