Muehlstein Approved As First Own Brand Distributor (OBD) For LME Plastics Contracts

The London Metal Exchange (LME) has today confirmed that Muehlstein Americas LLC has been approved as the first OBD for the LME’s polypropylene and linear low density polyethylene futures contracts.

Approved Muehlstein brands are for linear low density polyethylene (Certene LLBF 118A) and polypropylene (Certene PHM 12 and PHM 20). Approved Third Party Bagger for all brands is Jacintoport International LP.

Commenting on the announcement, Neil Banks, Director of Exchange Development said:

“I am delighted to confirm Muehlstein’s approval for LME brand listing. As a global leader in polymer distribution, Muehlstein’s participation will make a significant contribution to the liquidity of the plastics contracts.”