The low-density polyethylene (LDPE) market, which was worth $33 billion globally in 2013, will continue to grow at 1.5 per cent until 2021, driven by Asian countries and the Middle East, the largest markets for LDPE, a report said.
A new state-owned ethylene factory due to start production in Alexandria next year could save Egypt about $500 million on annual imports and allow it to begin exporting petrochemicals to Western Europe and Africa, its chairman said.
Qatar Petrochemical Company (Qapco), a joint venture between Industries Qatar and Total Petrochemicals, will officially launch activities of its third low density polyethylene plant (LDPE 3) tomorrow.
Sheikh Hamad bin Khalifa Al T
The European Union has imposed five-year tariffs on plastics from Iran, Pakistan and the United Arab Emirates, saying there are illegal state subsidies for exporters supplying Europe's rapidly growing soft-drinks market.
Masterpak, a leading plastic Polyethylene (PE) film manufacturer in Lebanon, said it aims to further integrate environmentally-friendly practices in its daily operations, planning and decision-making processes.
Masterpak is a member of Ind
Equate Petrochemical, a Kuwait-based leading producer of polyethylene and ethylene glycol, has achieved 20 million safe work hours without any day away work case (DAWC).
“This is a challenge,” said Hamad Al-Terkait, Equate president and CE
The Middle East has emerged as a key growth catalyst in the global plastics trade as the region's plastics industry is expected to achieve an annual growth rate of up to 30 per cent over the next five years.
Saudi Arabia, in particular
Kuwait's petrochemicals firm Equate has completed the start-up of its polyethylene expansion project, it said on Monday.
The project will increase its overall production capacity to 825,000 tonnes annually of high density polyethylene (HDP
Production at some of Sabic’s polyethylene and polypropylene plants in Al-Jubail, Saudi Arabia, has been hit by power outages last week, the company said.
Interruption in the power supply leading to power outages last week have led to a sl
US Ambassador to Oman Gary A Grappo toured Oman-based Octal Petrochemicals in the southeast city of Salalah, Muscat, last week.
Ambassador Grappo visited Octal’s clear rigid plastic sheet facility and viewed the much larger integrated PET