News Code : 44016

Petchems unaffected by Kuwait port restrictions so far.

Petchems unaffected by Kuwait port restrictions so far.

Petrotahlil - Petrochemical exports from Kuwait are continuing as normal days after the country announced restrictions at its ports in response to the coronavirus outbreak.

The restrictions do not cover oil vessels and currently do not affect petrochemical traffic either.

Kuwait is a major Mideast Gulf petrochemical producer and regularly exports polypropylene (PP), polyethylene (PE), mono ethylene glycol (MEG) and aromatics to global markets.

Kuwait PIC and Equate are two key petrochemical producers in the country.

Kuwait announced this week that its ports will not receive foreign vessels arriving from or departing to China, Hong Kong, Singapore, Japan, South Korea, Italy, Thailand and Iraq until further notice.

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Source : Argus

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