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Resin supply: Indonesian firms cut polyolefins output

Indonesian resin makers PT Chandra Asri, PT Titan Petrochemical, PT Tri Polyta, and PT Politam could cut operations due to lagging demand, according to Indonesian Olefin and Plastic Industries Assn. (INAplas). The Jakarta Post (http://old.thejakartapost.com/detailbusiness.asp?fileid=20081117.L03&irec=2) reported that up to 90,000 tons excess capacity of polyethylene and polypropylene, had accumulated at the polymer manufacturers.

) reported that up to 90,000 tons excess capacity of polyethylene and polypropylene, had accumulated at the polymer manufacturers. The source reported that Titan was looking at the possibly exporting 6900 to 7000 tons to the European Union to cover projected losses, with the three remaining manufacturers would remaining focused on the domestic market.

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