Huntsman to build world’s largest PE plant

Huntsman Polymers has announced plans to build the world’s largest low density polyethylene manufacturing plant in the United Kingdom. The 400,000 tonnes per year plant is projected to cost about $400 million. The company expects to begin construction in 2005, with the plant being operational in the third quarter of 2007. The plant will be Huntsman’s first venture into the European polyethylene market.