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BLOGS - ALL PRODUCT NEWS

Sinopec Guangzhou to halt production at PP plant

On 01 Mar 2021 at 09:20 IST

Sinopec Guangzhou Petrochemical, is in plans to take off-stream its No.2 Polypropylene (PP) plant.A Polymerupdate source in China informed that, the company is likely to halt operations at the plant for maintenance on March 5, 2021. Further details on........
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Butadiene prices surge in Asia

On 01 Mar 2021 at 08:30 IST

Last week, Butadiene prices galloped sharply higher in Asia. Prices surged, on the back of constrained product avails and firm regional demand trends.Stronger upstream energy values coupled with bullish downstream product demand and pricing trends further........
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HDC Hyundai to start maintenance at PS unit

On 27 Feb 2021 at 10:00 IST

HDC Hyundai EP is in plans to take off-stream its Polystyrene (PS) unit early this week.A Polymerupdate source in South Korea informed that the plant is likely to be shut for maintenance in early-March, 2021. Further details on duration of shutdown could not........
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Ethylene prices surge in Asia

On 27 Feb 2021 at 08:30 IST

This week, ethylene prices galloped sharply higher across the Asian regions. Prices spiked, mainly on account of bullish upstream crude and naphtha values, coupled with persistent constrained regional product availability.Reports of stronger demand trends in........
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Braskem started turnaround at PP plant

On 26 Feb 2021 at 08:40 IST

Braskem, has undertaken a planned shutdown at its polypropylene (PP) plant in Triunfo.A Polymerupdate source in Brazil informed that, the company halted operations at the plant for maintenance on February 20, 2021. The plant is expected to remain off-line for........
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Ethylene prices journey northwards in Asia on Thursday

On 26 Feb 2021 at 08:30 IST

Ethylene prices marched higher in Asia on Thursday. The price rise was supported by persistent tight product avails in the region and bullish upstream energy values.Stronger downstream PE pricing and demand trends, further pushed prices higher in Asia. CFR........
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Tianjin Bohai to start maintenance at PDH plant

On 25 Feb 2021 at 09:20 IST

Tianjin Bohai is in plans to undertake a planned shutdown at its propane dehydrogenation (PDH) plant.A Polymerupdate source in China informed that the company is likely to start turnaround at the plant by early-March, 2021. The plant is likely to remain under........
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Propylene prices march higher in Asia on Wednesday

On 25 Feb 2021 at 08:30 IST

On Wednesday, bullish upstream costs and stronger regional demand trends in key markets like China pushed propylene prices sharply higher in Asia. Reports of persistent tight product availability and firmer downstream PP pricing trends, further supported the........
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Unplanned outage reported at TKSC's SM plant

On 24 Feb 2021 at 09:20 IST

The Kuwait Styrene Company (TKSC) has take off-stream its styrene monomer (SM) plant owing to a leakage.A Polymerupdate source in Kuwait informed that the company halted operations at the plant on February 22, 2021. The plant is expected to remain off-stream........
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Ethylene prices bolster higher in Asia on Tuesday

On 24 Feb 2021 at 08:30 IST

On Tuesday, ethylene prices witnessed a sharp rise in Asia. Prices firmed, mainly on account of firmer upstream crude and naphtha values, coupled with stronger regional buying sentiments across the Asian regions. Reports of limited product avails and bullish........
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Sinopec Yangzi shuts Nanjing naphtha cracker

On 23 Feb 2021 at 09:10 IST

Sinopec Yangzi Petrochemical has taken off-stream its No. 1 Naphtha cracker in Nanjing.A Polymerupdate source in China informed that the company halted operations at the cracker for maintenance on February 20, 2021. Further details on duration of shutdown........
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Propylene prices climb in Asia on Monday

On 23 Feb 2021 at 08:30 IST

Stronger upstream crude and naphtha values, coupled with tight product availability in the region, pushed propylene prices higher in Asia on Monday. Firmer buying sentiments in key markets like china and bullish downstream PP pricing and demand trends,........
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Zhejiang Petrochemical shuts PDH unit

On 22 Feb 2021 at 08:40 IST

Zhejiang Petrochemical, has taken off-stream its propane dehydrogenation (PDH) unit in Zhoushan, Zhejiang.A Polymerupdate source in China informed that, the company halted operations at the unit for maintenance in mid-February, 2021. The exact duration of the........
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Butadiene prices race higher in Asia

On 22 Feb 2021 at 08:30 IST

Last week, Butadiene prices gained in Asia. The price rise was attributed to firmer upstream energy values and improved regional buying sentiments coupled with bullish downstream product demand and pricing trends.FOB Korea prices of butadiene were assessed at........
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Unplanned shutdown reported at PP plant of Nghi Son Refinery

On 20 Feb 2021 at 09:15 IST

Nghi Son Refinery and Petrochemical has halted operations at its Polypropylene (PP) plant.A Polymerupdate source in Vietnam informed that the company has shut the plant owing to technical issues on February 13, 2021. Further details on duration of shutdown........
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SM prices gallop higher in Asia

On 20 Feb 2021 at 08:30 IST

This week, SM prices witnessed a whopping rise in Asia. The steep price rise was triggered by a spike in upstream energy and benzene values.Stronger regional buying sentiments, tight product avails and firmer downstream PS and ABS product demand and pricing........
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SABIC declares FM on supplies from HDPE plant in Geleen

On 19 Feb 2021 at 08:40 IST

SABIC, has announced a force majeure (FM) on its supplies from its High density polyethylene (HDPE) plant located at Geleen, the Netherlands.A Polymerupdate source in Germany informed that, the company declared FM at the plant on February 16, 2021. Further........
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MEG prices march higher in Asia on Thursday

On 19 Feb 2021 at 08:30 IST

On Thursday, MEG prices gained in Asia. The price rise was prompted by firmer upstream energy values and a lift in regional buying sentiments. Higher fellow polyester PTA feedstock rates, further supported the price rise. CFR China MEG prices were assessed at........
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Yansab resumes production at Yanbu cracker

On 18 Feb 2021 at 10:02 IST

Yansab, has brought on-stream its cracker following a turnaround.A Polymerupdate source in Saudi Arabia informed that, the company resumed operations at the cracker on February 15, 2021. The cracker remained under maintenance for about 10 days.Located in........
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SM prices journey northwards in Asia on Wednesday

On 18 Feb 2021 at 08:30 IST

On Wednesday, SM prices bolstered higher in Asia. The steep price rise was triggered by firmer upstream energy and benzene values. Bullish regional demand trends and persistent constrained product availability further supported the sharp price gain. FOB........
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Deep Freeze across Texas, USA causes emergency plant shutdowns

On 17 Feb 2021 at 11:35 IST

A Polymerupdate source in the US informed the editorial team that, since the start of this week, most companies have been undertaking emergency shutdowns at their facilities. The source said that the companies included refineries, crackers as well as........
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PKN Orlen to shut Plock cracker for maintenance

On 17 Feb 2021 at 09:15 IST

PKN Orlen, is likely to undertaken a planned shutdown at the cracker.A Polymerupdate source in Poland informed that, the company has scheduled maintenance turnaround at the cracker over the period of April-May, 2021. The exact date and duration of the........
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SM prices spike in Asia on Tuesday

On 17 Feb 2021 at 08:30 IST

On Tuesday, firmer upstream energy and benzene values pushed SM prices sharply higher in Asia. Prices firmed, mainly on account of persistent rise in upstream energy values and bullish benzene feedstock rates. Reports of stronger regional demand trends and........
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Mitsui Chemicals halts production at Chiba cracker

On 16 Feb 2021 at 09:15 IST

Mitsui Chemicals, has undertaken an emergency shutdown at its naphtha cracker last weekend.A Polymerupdate source in Japan informed that, the company halted operations at the cracker owing to power failuer caused by earthquake that hit at the coast of eastern........
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SM prices climb higher in Asia on Monday

On 16 Feb 2021 at 08:30 IST

On Monday, SM prices witnessed a rise in Asia. The price gain was supported by firmer upstream crude and benzene values, coupled with stronger regional demand trends. Reports of tight product availability further pushed prices higher in Asia. FOB Korea SM........
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Butadiene prices witness a rise in Asia

On 15 Feb 2021 at 08:30 IST

Last week, Butadiene prices gained in Asia. The price rise was attributed to firmer upstream energy values and improved regional buying sentiments coupled with bullish downstream product demand and pricing trends.FOB Korea prices of butadiene were assessed at........
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TK Chemical likely to shut PET unit for maintenance

On 15 Feb 2021 at 08:30 IST

TK Chemical, is in plans to undertake a planned shutdown at its polyethylene terephthalate (PET) unit.A Polymerupdate source in South Korea informed that, the company is likely to start turnaround at the unit by mid-February 2021. Further details on duration........
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MEG prices drop in Asia

On 13 Feb 2021 at 08:30 IST

This week, MEG prices declined in Asia. The price fall was on the back of poor demand trends across the Asian regions.CFR China MEG prices were assessed at the USD 615-620/mt levels, while CFR South East Asia prices were assessed at the USD 620-625/mt levels,........
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TK Chemical to start maintenance at PET unit

On 12 Feb 2021 at 09:15 IST

TK Chemical, is in plans to undertake a planned shutdown at its polyethylene terephthalate (PET) unit.A Polymerupdate source in South Korea informed that, the company is likely to start turnaround at the unit on February 19, 2021. Further details on duration........
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Benzene prices slip in Asia on Thursday

On 12 Feb 2021 at 08:30 IST

On Thursday, benzene prices dropped in Asia. The price fall was a result of weaker upstream energy values, coupled with dull regional buying sentiments. FOB Korea benzene prices were assessed at the USD 710-715/mt levels, a day on day decline of USD........
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