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IHS Global Plastics Summit 2016: Massive capacity overhang to drive down PE prices through 2018

10/11/2016

 
IHS Chemical Week article - 'During 2016-2018, global polyethylene capacity will grow much faster than demand, driving down prices and margins, particularly for low-density polyethylene (LDPE) and linear low-density polyethylene (LLDPE), according to Nick Vafiadis, global business director at IHS Chemical. “At least on paper, we’re looking at what could be a historic level of overbuild, assuming people keep to the start-up schedule we currently anticipate,” he said Thursday at the Global Plastics Summit 2016 in Chicago....'  For access to article click here.

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