According to the latest news,Pengerang in Johor Bahru,Malaysia,has restarted its 350,000-ton/year linear low-density polyethylene (LLDPE) unit on July 4, but the unit may take a while to Achieve stable operation. Besides, its Spheripol technology 450,000 tons/year polypropylene (PP) plant, 400,000 tons/year high-density polyethylene (HDPE) plant and Spherizone technology 450,000 tons/year polypropylene (PP) plant are also expected to increase from this month to restart. According to Argus’ assessment, the price of LLDPE in Southeast Asia without tax on July 1 is US$1360-1380/ton CFR, and the price of PP wire drawing in Southeast Asia on July 1 is US$1270-1300/ton CFR without tax.
Post time: Jul-21-2022