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Sinochem News recently, ExxonMobil and LyondellBasell's subsidiary Quantum Chemical Corporation announced that they will increase the price of polyethylene products sold in North America
.
ExxonMobil said that all low-density polyethylene and linear low-density polyethylene product prices will increase by 5 cents/lb, and high-density polyethylene resin prices will increase by 7 cents/lb
Dow Chemical and Chevron Phillips Chemical Company also announced on May 17 and 18 respectively that they would increase the price of polyethylene products
.
Chevron Phillips Chemical Company said it will increase the price of polyethylene products by 7 cents/lb, while Dow Chemical will increase the price of polyethylene resin by 5 cents/lb