The largest petrochemical plant in Ukraine – Karpatneftekhim (Kalush, Ivano-Frankivsk region) – announced a reduction in the price of low-pressure polyethylene (HDPE) for supplies to the domestic market in September, according to the ICIS-MRC Price Review.
So, the decrease in September quotes of the company’s IPA amounted to USD48 per tonne compared with the level of August.
The Ukrainian manufacturer of the material made this decision under the pressure of the situation in foreign markets.
Karpatneftekhim is one of the largest enterprises in the petrochemical complex of Ukraine. Currently, the company is capable of annually producing 300 thousand tons of polyvinyl chloride, 200 thousand tons of caustic soda, about 180 thousand tons of chlorine, as well as 250 thousand tons of ethylene and 100 thousand tons of polyethylene.