Sasol polyethylene prices NorthAmerica - Arhive

Sasol polyethylene prices NorthAmerica

Sasol plans to increase US PE prices by USD110 per tonne from January 1, 2020

Sasol polyethylene prices NorthAmerica

MOSCOW – Sasol North America, a subsidiary of Sasol, plans to raise prices of all types of polyethylene (PE) by 5 cents per pound (USD110 per tonne) from January 1, 2020 or in accordance with the terms of the contract, the company’s letter said. sent to customers on Monday.

The letter stated that the announcement of a new increase replaces all previously announced price increases.

Earlier it was reported that Sasol North America, a subsidiary of Sasol, plans to commission its new high-density polyethylene (LDPE) plant in Lake Charles (Lake Charles, Louisiana, USA) by the end of this year.Sasol polyethylene prices NorthAmerica

According to the ICIS-MRC Price Review , the last week of November did not bring stabilization of the price situation in the Russian market, the cost of polyethylene continues. Some sellers, still in pursuit of sales, continue to actively reduce PE prices. Last week, individual sellers began voicing their proposals for deliveries in December. Negotiations on the December price level started on the contract market. Manufacturers announced a reduction in PE prices, but some processors are unhappy with the magnitude of the reduction in contract prices.

Sasol’s main markets are in the United States, South Africa, Europe and Asia.

Sasol Limited is an integrated energy and chemical company headquartered in Johannesburg, South Africa. The company was established in 1950 in Sasolburg (Sasolburg, South Africa). The company produces liquid fuels, petrochemical products and electricity. The production facilities of the company are located in 37 countries of the world, and the staff consists of 32 thousand 400 people.

Author: Anna Larionova

Sasol polyethylene prices NorthAmerica

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