Lotte Titan has restarted the 200,000 tpa No.3 linear low-density polyethylene (LLDPE) line at its Cilegon plant in west Java, Indonesia, as per Argus. The LLDPE line was restarted on 18 September after being shut around 10 days earlier because of a lump accumulation. A first attempt at bringing the line back on stream failed, delaying the restart by around five days. The line now is operating at about a 95% run rate.
Lotte Titan is one of two polyethylene (PE) producers in Indonesia, together with Chandra Asri. Lotte Titan has total PE production capacity of 450,000 tpa. Local LLDPE prices in Indonesia spiked last week because of panic buying as a result of the Lotte Titan shutdown and plans by Chandra Asri to shut its 600,000 tpa Cilegon cracker and PE unit starting 24 September. Local LLDPE prices jumped about 600-700 rupiah/kg (US$41-48/ton) compared with two weeks earlier to about Rp19,000/kg or US$1310/ton.
22-Sep-15 
{{comment.DateTimeStampDisplay}}
{{comment.Comments}}