Deliveries polyethylene pipe (HDPE) are extremely limited few months earlier in 2015, and most buyers are experiencing a shortage of material. Market balance is now recovered, but not so much that buyers are no longer continue to worry about a possible shortage.

Import HDPE pipe has not played a significant role in the overall volume of the European market this year because of its small volume, which also increases the pressure on the market.

At the end of December 2014 Total Petrochemical shut the production line of high-density polyethylene (HDPE) with a capacity of 70 thousand. Tons in Antwerp, Belgium, due to the aging facilities. Europe is now a tendency closures of old and unprofitable plants in the face of increased competition from cheaper production in the Middle East and increasingly becoming cheaper production in North America.

Total – one of the world’s largest oil and gas companies, its revenue for 2013 amounted EUR189,5 billion, net profit of EUR8,66 billion. Its main assets are in Russia – 18% of the shares of the largest independent gas producer “NOVATEK” and 20% in the joint with These project “Yamal LNG”

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