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On 23 Sep 2020 at 10:45
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Sources today reported that American buyout firm KKR & Co, was looking to invest Rs 5,550 crore for a 1.28 percent stake in Reliance Retail.A Polymerupdate editorial team member said, “ the investment from KKR values Reliance Retail at a pre-money equity........
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On 23 Sep 2020 at 09:10
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Hanwha Total Petrochemical, is in plans to bring on-stream its No. 3 Polypropylene (PP) unit in Daesan.A Polymerupdate source in South Korea, informed that, the company is likely to restart its unit on September 24, 2020. The plant was shut for a brief........
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On 23 Sep 2020 at 08:30
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On Tuesday, SM prices slipped in Asia. The price fall was a result of bearish upstream crude and benzene values, coupled with weaker regional demand trends.FOB Korea SM prices were assessed down at the USD 660/mt levels, a fall of USD 10/mt from Monday's........
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On 22 Sep 2020 at 08:50
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INEOS, has undertaken an unplanned shutdown at its No. 1 Olefins unit at Texas cracker.A Polymerupdate source in the US said, the company halted operations at the cracker for maintenance on September 18, 2020 owing to technical issues. Further details on........
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On 22 Sep 2020 at 08:30
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On Monday, Ethylene prices bolstered higher in Asia. Stronger upstream energy values and persistent tight regional product avails supported the price rise. CFR North East Asia ethylene prices were assessed up at the USD 845/mt levels, a sharp rise of USD........
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On 21 Sep 2020 at 08:40
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Chemplast Sanmar, is likely to undertake a planned shutdown at its Cuddalore Polyvinylchloride (PVC) unit this month.A Polymerupdate source in India informed that, the company is likely to start maintenance at the unit on September 27, 2020. The unit is........
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On 21 Sep 2020 at 08:30
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Last week, butadiene prices surged in Asia. Prices firmed, mainly on account of bullish regional demand trends in key markets like China and constrained product availability.Firmer upstream ABS pricing trends further supported the price gain.On Friday, FOB........
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On 19 Sep 2020 at 09:00
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Datang International Duo Lun Coal Chemical has shut a polypropylene (PP) unit for an unplanned maintenance.A Polymerupdate source in China informed that the company halted operations at the unit in mid-September, 2020. Further details on duration of shutdown........
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On 19 Sep 2020 at 08:30
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Ethylene prices gained in Asia this week. Reports of persistent constrained product availability, coupled with bullish upstream crude and naphtha values, helped ethylene sellers to raise their prices higher across the Asian regions.Stronger downstream PE........
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On 18 Sep 2020 at 08:40
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Shanghai SECCO, has restarted its Polypropylene (PP) plant following an unplanned outage.A Polymerupdate source in China informed that, the company resumed operations at the plant on September 16, 2020. The plant was shut for unplanned maintenance on........
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On 18 Sep 2020 at 08:30
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On Thursday, bullish upstream crude and naphtha values, pushed propylene prices higher in Asia. Reports of persistent tight regional product avails, further supported the price gain, FOB Korea propylene prices were up at the USD 865/mt levels, a gain of USD........
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On 17 Sep 2020 at 09:40
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Eneos Corporation, has taken off-stream its fluid catalytic cracker (FCC) unit owing to technical issues.A Polymerupdate source in Japan informed that, the company has undertaken an unplanned shutdown at the unit around September 7, 2020. The unit is likely........
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On 17 Sep 2020 at 08:30
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On Wednesday, SM prices gained in Asia. The price rise was on the back of stronger upstream energy and benzene values, coupled with improved regional demand trends.FOB Korea SM prices were assessed up at the USD 675/mt levels, a rise of USD 10/mt from........
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On 16 Sep 2020 at 17:10
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Let's start with energy and feedstock news:Crude oil prices marched higher on Tuesday, after a tropical storm Sally in the Gulf of Mexico forced the major U.S oil producers to shut their oil rigs. Also, a sharp decline in the crude oil inventories as reported........
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On 16 Sep 2020 at 09:00
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ExxonMobil Chemical, has undertaken a planned shutdown at its polypropylene (PP) plant.A Polymerupdate source in Singapore informed that, the company has started maintenance at the plant in mid-September, 2020. The plant is expected to remain off-line till........
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On 16 Sep 2020 at 08:30
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On Tuesday, despite weaker upstream benzene values, SM prices bolstered higher in Asia. The sharp price gain was a result of bullish demand trends in key markets like China. FOB Korea SM prices were assessed up at the USD 665/mt levels, a spike of USD 25/mt........
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On 15 Sep 2020 at 08:40
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ExxonMobil, has undertaken a planned shutdown at its cracker.A Polymerupdate source in Singapore informed that, the company halted operations at the cracker for maintenance on September 14, 2020. The cracker is expected to remain off-line till end-October,........
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On 15 Sep 2020 at 08:30
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On Monday, despite weaker upstream crude and naphtha values, ethylene prices gained in Asia. Reports of tight regional product avails supported the price rise. Bullish downstream PE pricing trends, further pushed prices higher across the Asian regions.CFR........
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On 14 Sep 2020 at 09:00
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Binh Son Refining and Petrochemical, is in plans to restart its polypropylene (PP) unit following a turnaround.A Polymerupdate source in Vietnam informed that, the company is likely to resume operations at the unit by early-October, 2020. The unit was shut........
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On 14 Sep 2020 at 08:30
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Last week, butadiene prices bolstered higher in Asia. The sharp price rise was triggered by stronger buying sentiments coupled with limited product availability in key markets like China.Firmer upstream ABS pricing trends, further supported the price gain.On........
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On 12 Sep 2020 at 09:00
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Datang Duolun, has restarted its methanol-to-propylene (MTP) unit following a maintenance turnaround.A Polymerupdate source in China informed that, the company resumed operations at the plant on September 5, 2020. The unit was shut for maintenance on July 28,........
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On 12 Sep 2020 at 08:30
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This week, despite a sharp fall in upstream crude and naphtha values, propylene prices climbed higher in Asia. Continued tight product availability in key markets like China and stronger downstream PP values, together supported the price gain.Propylene prices........
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On 11 Sep 2020 at 08:40
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Datang International Duo Lun Coal Chemical, has restarted its two polypropylene (PP) units following a turnaround.A Polymerupdate source in China informed that, the company resumed operations at the units on September 10, 2020. The units were shut for........
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On 11 Sep 2020 at 08:30
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Despite bearish upstream costs, ethylene prices gained in Asia on Thursday. The price rise was mainly on account of persistent tight regional product availability. CFR North East Asia ethylene prices were assessed up at the USD 795/mt levels, a rise of USD........
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On 10 Sep 2020 at 08:40
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Tangshan Zhongrun Coal Chemical, has taken off-stream its Methanol plant for a turnaround.A Polymerupdate source in China informed that, the company halted operations at the plant on September 8, 2020. Further details on duration of shutdown could not be........
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On 10 Sep 2020 at 08:30
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On Wednesday, SM prices inched lower in Asia. The price fall was on the back of weaker upstream energy and benzene values, coupled with dull regional demand trends.FOB Korea SM prices were assessed lower at the USD 630/mt levels, a fall of USD 5/mt from........
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On 09 Sep 2020 at 08:40
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Idemitsu Kosan, has taken off-stream its naphtha cracker for a turnaround.A Polymerupdate source in Japan informed that, the company halted operations at the cracker on September 7, 2020. The cracker is likely to remain under maintenance by end-October,........
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On 09 Sep 2020 at 08:30
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On Tuesday, despite weaker upstream costs, propylene prices inched higher in Asia. The price rise was supported by tight product availability in the region.FOB Korea propylene prices were up at the USD 835/mt levels, a day on day increase of USD 5/mt. CFR........
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On 08 Sep 2020 at 08:40
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Shanghai Golden Phillips Petrochemical Co, has shut its high density polyethylene (HDPE) plant for a maintenance turnaround.A Polymerupdate source in China informed that, the company halted operations at its plant on September 5, 2020. Exact duration of the........
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On 08 Sep 2020 at 08:30
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On Monday, despite bearish upstream crude and naphtha values, ethylene prices edged higher in Asia. Reports of tight regional product avails supported the price gain.CFR North East Asia ethylene prices were assessed up at the USD 785/mt levels, a gain of USD........
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