Texas Petchem Plant Update

03-Mar-21
As per our information –
Safety assessment and audit is underway at all plants. 
 
Refineries- Few Refineries have started and others are in the process to start. 
 
Petchem Plants- None of the Polymer plants have started yet.
 
Demand- Very high for all products in the domestic markets and prices are very high in USA markets. 
 
Exports from USA- Volumes will be extremely low as due to
1. Strong domestic demand. 
2. High Local prices in USA
3. Very low Inventory.  
 
Port operations / Shipping issues- Delays are only increasing compounding the problems. 
Hence, its still going to take time to resolve the issues. 
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