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polypropylene ra material price increased

Writer:zhiwang chiSource:Dezhou Shengtong Number of visits: Date:2015-10-26 09:39

orth American polypropylene resin prices have increased by an average of 3 cents per pound since Oct. 1, driven in part by reduced production at a major PP plant operated by LyondellBasell Industries.

Houston-based LBI — the region’s largest PP maker — declared force majeure on PP on Oct. 7, two days after a power outage hit the firm’s plant in Bayport, Texas. Company officials declined to comment on the power outage or on the force majeure. The plant has annual production capacity of almost 1.6 billion pounds.

TypeInfo: Industry news

Keywords for the information:polypropylene 

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