Manufacturing Industry
PROBLEMS AT MOBIL PE FACILITY PROPEL ATTEMPTS TO HIKE PRICES.
Plastics News, May, 1999 by Esposito, Frank
Mobil Chemical Co.'s declaration of force majeure last week on high and linear low density PE at its Beaumont, Texas, plant is stretching the North American PE market even tighter. That outage and others in the polyethylene market have spurred Dow Chemical Co., Montell Polyolefins and Huntsman Corp.
to announce another 5 cent-per-pound PE price hike for June 1. Mobil, based in Edison, N.J., declared force majeure April 26 after it was unable to solve operating problems connected to last fall's 200 million-pound debottlenecking of its low-pressure high density/linear low density PE production. The plant now has combined HDPE/LLDPE capacity of 1.6 billion pounds annually. "Since October, recurring operational problems have caused our inventories to be...
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