According to reports, Egypt's Sidi Kerir Petrochemical Company (Sidpec) has restarted its high-density polyethylene (HDPE) blow molding line, but due to difficulties encountered during the restart, the device will not be put into commercial production until the end of the month. The production line is located in Ameriya, Egypt, with a capacity of 150,000 tons/year and closed on July 16 for a planned maintenance period of approximately one month. However, injection molding grade and film grade HDPE production runs successfully.
At present, the supply of HDPE in Egypt continues to be tight, but demand has declined since Ramadan began. One source said that the demand and price of HDPE during the two weeks before Ramadan were high, but there was a shortage of supplies.
At present, the price of HDPE in North Africa is 1250-1300 USD/ton (875-910 EUR/ton, CFR).
Due to local supply shortages, HDPE sold for up to US$2,000 (CFR Egypt). However, it has not been confirmed by the buyer.
At present, the supply of HDPE in Egypt continues to be tight, but demand has declined since Ramadan began. One source said that the demand and price of HDPE during the two weeks before Ramadan were high, but there was a shortage of supplies.
At present, the price of HDPE in North Africa is 1250-1300 USD/ton (875-910 EUR/ton, CFR).
Due to local supply shortages, HDPE sold for up to US$2,000 (CFR Egypt). However, it has not been confirmed by the buyer.
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