|
On 11 Jul 2020 at 09:00
IST
PT Asahimas, has brought on-stream its No. 2 VCM unit following a turnaround.A Polymerupdate source in Indonesia informed that, the company resumed operations at the unit in July 9, 2020. The unit was shut for maintenance on May 19, 2020.Located at Cilegon in........
Continue Reading...
|
|
|
On 11 Jul 2020 at 08:30
IST
Ethylene prices witnessed a steep drop in Asia. The sharp price fall was attributed to a week on week drop in upstream crude values coupled with weaker regional demand trends.Reports of plentiful product availability in the region, further supported the price........
Continue Reading...
|
|
|
On 10 Jul 2020 at 17:15
IST
Let's start with energy and feedstock news:Crude oil prices plunged on Thursday, on the back of rising US crude oil inventories and a surge in the number of pandemic cases globally, indicating the oil demand to remain weak in the near future. Also, the........
Continue Reading...
|
|
|
On 10 Jul 2020 at 08:40
IST
Mitsubishi Chemical, has restarted its naphtha cracker following a planned outage. A Polymerupdate source in Japan informed that, the company resumed operations at the cracker on July 7, 2020. The cracker was shut for maintenance on May 9, 2020. Located at........
Continue Reading...
|
|
|
On 10 Jul 2020 at 08:30
IST
Ethylene prices witnessed a steep drop in Asia on Thursday. The sharp price fall supported by bearish demand trends in key markets like China coupled with ample product availability.CFR North East Asia ethylene prices were assessed down at the USD 805/mt........
Continue Reading...
|
|
|
On 09 Jul 2020 at 17:20
IST
Let's start with energy and feedstock news:Crude oil prices gained on Wednesday, on indications of recovery in gasoline consumption in the United States and a weekly fall in gasoline supplies as reported by the EIA on Wednesday. Brent futures gained by 21........
Continue Reading...
|
|
|
On 09 Jul 2020 at 08:40
IST
Sinopec Shanghai Petrochemical, has restarted its high density polyethylene (HDPE) unit in Shanghai.A Polymerupdate source in China informed that, the company resumed operations at the unit on July 8, 2020. The unit was shut for brief maintenance on June 30,........
Continue Reading...
|
|
|
On 09 Jul 2020 at 08:30
IST
On Wednesday, propylene prices climbed higher in Asia. The price rise was supported by stronger demand trends in major markets like China coupled with limited product availability.FOB Korea propylene prices were up at the USD 770/mt levels, a rise of USD........
Continue Reading...
|
|
|
On 08 Jul 2020 at 16:10
IST
Let's start with energy news:Crude oil prices declined on Tuesday amid concerns of a spike in the number of new pandemic cases globally, specifically in the United States, which is most likely to hamper and stall the recovery in demand for fuel. Brent crude........
Continue Reading...
|
|
|
|
On 08 Jul 2020 at 08:40
IST
Yanlian Petrochemical, has restarted its No. 1 Polypropylene (PP) unit following an unplanned outage. A Polymerupdate source in China informed that, the company resumed operations at the unit on July 2, 2020. The unit was shut on March 23, 2020 owing to........
Continue Reading...
|
|
|
|
On 08 Jul 2020 at 08:30
IST
Despite stronger upstream naphtha values, Ethylene prices drifted lower in Asia on Tuesday. The price fall was supported by improved regional product availability. CFR South East Asia prices were down at the USD 775/mt levels, a sharp fall of USD 25/mt from........
Continue Reading...
|
|
|
On 07 Jul 2020 at 16:35
IST
Let's start with energy news:Crude futures displayed a mixed undertone on Monday. Brent futures rose, on the back of limited supply from the oil producers and positive economic global data. WTI futures slipped, on concerns that a surge in the number of........
Continue Reading...
|
|
|
On 07 Jul 2020 at 11:05
IST
A Polymerupdate reporter this morning filed a story regarding a committee recommendation to move the LG Polymers plant in Vizag.The reporter in his story said, “ a committee appointed by the Indian government, was given the task to investigate the deadly gas........
Continue Reading...
|
|
|
On 07 Jul 2020 at 08:45
IST
CPC Corp, has brought on-stream its No 4 cracker following an unplanned shutdown.A Polymerupdate source in Taiwan informed that, the company resumed operations at the cracker on July 5, 2020. The cracker was shut on July 2, 2020 following a fire reported near........
Continue Reading...
|
|
|
On 07 Jul 2020 at 08:30
IST
SM prices were assessed higher in Asia on Monday. The price rise was on the back of stronger upstream energy and benzene values, coupled with a lift in regional demand trends.CFR China SM prices were assessed at the USD 690/mt levels, up USD 5/mt from last........
Continue Reading...
|
|
|
|
On 06 Jul 2020 at 16:35
IST
Let's start with energy and feedstock news:Crude oil prices slipped on Friday, following a surge in the number of positive pandemic cases globally, rekindling fears of weak crude oil demand. Brent futures declined by 34 settling at $42.80 per barrel, while........
Continue Reading...
|
|
|
|
On 06 Jul 2020 at 08:30
IST
Last week, despite high feedstock isomer MX rates, OX prices declined in Asia. Reports of poor regional demand trends, forced OX sellers to reduce their prices lower across the Asian regions.FOB Korea prices of OX were assessed at the USD 515/mt levels, while........
Continue Reading...
|
|
|
On 06 Jul 2020 at 08:20
IST
Pertamina, has taken off-stream its Polypropylene (PP) unit for an unspecified reason.A Polymerupdate source in Indonesia informed that, the company has undertaken an unplanned shutdown at the unit on June 26, 2020. The unit is expected to remain shut for........
Continue Reading...
|
|
|
On 04 Jul 2020 at 08:40
IST
CPC Corp, is in plans to bring on-stream its No 4 cracker following an unplanned shutdown.A Polymerupdate source in Taiwan informed that, the company is likely to resume operations at the cracker early next week. The cracker was shut on July 2, 2020 following........
Continue Reading...
|
|
|
On 04 Jul 2020 at 08:30
IST
This week, SM prices gained sharply in Asia. Prices firmed, on the back of a sharp week on week gain in upstream energy values, coupled with stronger regional demand trends. FOB Korea SM prices were up at the USD 660/mt levels, a spike of USD 35/mt from last........
Continue Reading...
|
|
|
|
On 03 Jul 2020 at 09:45
IST
A Polymerupdate editorial team member this morning filed a report regarding yet another big-ticket investment in Jio Platforms, the digital unit of Reliance Industries Ltd (RIL).The report stated that US semiconductor giant Intel Corp would invest Rs 1,894.5........
Continue Reading...
|
|
|
|
On 03 Jul 2020 at 08:40
IST
Ningxia Baofeng Energy, has taken off-stream its (methanol-to-olefins) MTO unit for a maintenance turnaround.A Polymerupdate source in China informed that, the company halted operations at the unit on July 1, 2020. The unit is likely to remain shut till........
Continue Reading...
|
|
|
On 03 Jul 2020 at 08:30
IST
On Thursday, propylene prices climbed higher in Asia. The price rise was supported by stronger upstream crude and naphtha values, coupled with bullish regional demand trends.Reports of tight product avails in the region, further pushed prices higher in........
Continue Reading...
|
|
|
|
On 02 Jul 2020 at 08:40
IST
Fujian Refining & Petrochemical (FREP), has undertaken a planned shutdown at its No. 1 Polypropylene (PP) unit.A Polymerupdate source in China informed that, the company has started maintenance at the unit on July 1, 2020. The unit is likely to remain........
Continue Reading...
|
|
|
On 02 Jul 2020 at 08:30
IST
SM prices gained in Asia on Wednesday. The price rise was prompted by stronger upstream energy and benzene values.FOB Korea SM prices were assessed at the USD 650/mt levels, a day on day rise of USD 10/mt. CFR China SM prices were assessed at the USD 680/mt........
Continue Reading...
|
|
|
On 01 Jul 2020 at 16:50
IST
Let's start with energy news:Crude oil prices slipped on Tuesday, following a surge in the number of positive pandemic cases globally and the probable return of oil production from Libya. Weak Japanese industrial production data, further supported the price........
Continue Reading...
|
|
|
|
On 01 Jul 2020 at 08:30
IST
On Tuesday, propylene prices gained in Asia. The price rise was prompted by stronger upstream naphtha values and limited regional product availability.FOB Korea propylene prices were at the USD 750/mt levels, a rise of USD 5/mt from Monday's assessed........
Continue Reading...
|
|
|
|
On 01 Jul 2020 at 08:20
IST
Tianjin United Chemical, is in plans to bring on-stream its naphtha cracker following a turnaround.A Polymerupdate source in China informed that, the company is likely to resume operations at the cracker by early-July, 2020. The cracker was shut for........
Continue Reading...
|
|
|
|
On 30 Jun 2020 at 11:20
IST
A Polymerupdate source in Sri Lanka this morning reported that local demand for PP, PE and PVC remained strong in the island nation.He said, “ it is interesting to see how the local mood has improved. Buyers of PP are awaiting fresh offers from major........
Continue Reading...
|
|
|
|
On 30 Jun 2020 at 08:40
IST
Pucheng Clean Energy Chemical Company, has restarted its Methanol-to-olefins (MTO) plant in Weinan, Shaanxi.A Polymerupdate source in China informed that, the company has completed turnaround at the plant last weekend. The plant was shut for maintenance on........
Continue Reading...
|
|
