Polyethylene is a polymer (plastic) that is primarily used in packaging (bags, bottles, etc) and many other applications, especially in the cleanroom.
Ethylene is derived from crude oil and natural gas. US drilling will primarily impact pricing and availability:
1. Ethylene supply comes primarily from frac-ed wells, rather than traditional drilling methods.
2. Frac-ed wells are more expensive to drill and have a shorter life than traditional wells. When the price of oil goes down, frac-ed wells are usually the first to shut down, thus more quickly reducing the supply of ethylene feed stocks.
Up Stream Materials/Building Blocks:
Down Steam Consumer of Polyethylene:
Apparel, Boot Covers
Apparel, Shoe Covers
Bags, sterilization Pouches
Bottles, Cell Culture
Bottles, Water Sampling
Caps, Culture Tubes
Caps, foam liners
Caps, Vial Screw
Caps, Vial Snap
Columns, Solid Phase Extraction
Containers, Over pack
Containers, Spill Kits
Jars, Mercury Collection
Polyethylene Glycol Diacrylate
Polyethylene Glycol Monododecyl Ether
Safety Cans, Solvent
Trays, Spill Containment