From PetroChem Wire . . . .

Daily Wire


PetroChem Wire's Daily Wire provides closing prices and a summary of the day's trading activity for US ethylene, proylene, polymers and upstream NGLs markets. Begun in 2007, its olefins and polyolefins prices serve as benchmarks for a number of physical and swap contracts that trade on the CME/NYMEX Clearport system.

For more information, click here.

For all of our products and services, click here.

Sasol reports US HDPE JV 'ramping up to expectations'

Houston, February 25, 2019 (PCW) -- Sasol's joint venture HDPE plant in La Porte, TX is ramping up to expectations and generated 91,000 mt of saleable product during 2H 2018, the company reported today in a regular financial update. Sasol owns 50% of the joint venture plant along with Ineos.

The single-train plant employs Innovene slurry process technology to produce bimodal HDPE grades mainly used in pipe and film applications; its capacity is 470,000 mt/yr. Sasol's share of capacity amounts to 117,500 mt every six months, so the 2H 2018 production figure indicates an operating rate of 77%. -- David Barry

Sign Up for RSS Feed  follow us in feedly