Sabic Offers HDPE to Indian Market Amid Supply Challenges

Saudi Arabian petrochemical giant Sabic has made an offer of high-density polyethylene (HDPE) to the Indian market as of September 28. Details regarding the grade, volume, and pricing of the offer remain undisclosed due to the login-gated nature of the source.

This development comes amidst Sabic's ongoing challenges in meeting polymer orders due to a feedstock shortage. The shortage was exacerbated by recent attacks on key oil installations in Saudi Arabia, which led to a significant reduction in crude output. As a result, Sabic has informed its Asia-Pacific and Middle East customers of its inability to fulfill existing polymer orders for September.

Despite these challenges, Sabic continues to emphasize its commitment to the Indian market, aligning with the Indian government's sustainability vision and making strides in operational excellence and innovation. However, the current supply constraints could impact Sabic's ability to offer significant polyethylene and polypropylene volumes in the coming months.

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