The company raised prices LDPE and HDPE at USD15 per ton.

Some sellers PE were disappointed by the lack of demand after the elections last week, but they were fairly optimistic about demand for LDPE, supplies of which were limited to the company.
Demand in Turkey on polymers has been weak in recent years because of the weak lira, as well as economic and political uncertainty.

As reported earlier MRC, Petkim Holding creates a company to produce high-tech engineering compounds and masterbatches. The company will operate under the name of “Petkim specialities muhendislik plastikleri sanayi ve ticaret as” (Petkim Specialities) and is a 100% subsidiary of Petkim Holding.

Petkim Petrokimya Holding A.S. – Turkish Chemical Company. The owner of a controlling stake in the company (61.32%) is SOCAR (SOCAR). The remaining shares are owned by TURCAS. The company produces polymers (PE, PP, PVC, PA), detergents, packaging and so on.