After Saudi Attacks, US to Meet Asia’s LLDPE Demand
- 17-Sep-2019 11:00 AM
- Journalist: Patrick Knight
Increased quantity of linear low-density polyethylene (LLDPE) is likely to be sent by US to Asia-Pacific amidst unexpected LLDPE supply shortage from Saudi Arabia. The tightening LLDPE supply from Saudi Arabia is due to recent attacks at the Abqaiq plant, the world's largest crude processing plant, and the Khurais oil field infrastructure which forced Saudi Aramco to shut in 5.7 million barrels per day of crude production. Consequently, US raised its LLDPE output and producers such as Dow and ExxonMobil are looking forward to combating any shortfall from Saudi Arabia from their respective Texas operations.