New Resin Supply Coming on Line from Exxon.

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NEWSWIRE SNIPPETS

And so it begins – LLDPE flows
ExxonMobil Chemical Company announced today that it has commenced production on the first of two new 650,000 tons-per-year high-performance polyethylene lines at its plastics plant in Mont Belvieu, Texas. The full project, part of the company's multi-billion dollar expansion project in the Baytown area and ExxonMobil's broader Growing the Gulf expansion initiative, will increase the plant's polyethylene capacity by approximately 1.3 million tons per year. The Mont Belvieu plant capacity will total more than 2.5 million tons per year, making it one of the largest polyethylene plants in the world. These performance polyethylene products will deliver significant sustainability benefits enabling lighter weight higher performance packaging, lower energy consumption and reduced emissions. A significant portion of Mont Belvieu polyethylene will be exported from the Port of Houston later this month. At peak, the site will ship more than 200 containers a day.
Trade News October 2017

Stretch film increase #3 announced (Sigma) (IPG) (Amtopp) (Berry)
October 2017

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