Keyuan Petrochemicals has pulled the plug on its No. 1 Styrene Monomer (SM) plant in Ningbo, Zhejiang, suspending operations beginning around August 11, 2025, according to a Polymerduniya source in China. The shutdown, reportedly initiated for maintenance work, leaves market watchers anticipating news on when the unit will come back online. This facility, which contributes […]
Petronas Chemicals is preparing for a significant maintenance turnaround, with plans to shut down its butyl acetate (butac) unit at Kerteh by the end of the first quarter of 2026, according to a Polymerduniya source in Malaysia. While the specific date and duration remain unconfirmed, industry insiders expect the plant to be offline through this […]
Ethylene prices held firm across Europe and Asia on Tuesday, with markets showing little activity amid a backdrop of economic uncertainty and cautious buying sentiment. In Europe, ethylene prices were stable at USD 845–855/mt CIF North-West Europe (NWE) and €750–760/mt FD NWE, mirroring Monday’s levels. An industry source in Europe noted that while supply remained […]
Even as upstream crude prices remain weak, propylene in Europe stood its ground on Tuesday, with prices holding steady thanks to a mix of cautious production cuts and hesitant buying amid tepid demand. An industry source in Europe, speaking on condition of anonymity, told the Polymerduniya team that producers have pulled back output to preserve […]
Sinopec Maoming Petrochemical has revealed plans for a significant maintenance shutdown at its high-density polyethylene (HDPE) unit, according to a Polymeduniya source in China. The plant, located in Maoming, Guangdong, will cease operations from late October 2025 and is expected to remain offline through the end of December 2025. This HDPE unit boasts a substantial […]
Fuhaichuang Petroleum and Petrochemical is poised to bring its Orthoxylene (OX) facility back online by the end of August 2025, according to reliable Polymerduniya sources. The Gulei-based unit, which paused operations in late June for scheduled maintenance, carries an impressive production capacity of 240,000 metric tons per year. Strategically located in the petrochemical hub of […]
Grupa Azoty Polyolefins has officially withdrawn from its turnkey contract with Hyundai Engineering for the Polimery Police Project, citing repeated delays and unfulfilled obligations. The decision, delivered on August 14, 2025, comes after milestone acceptance deadlines were missed, test runs were not completed on time, and counterclaims between the two sides remained unresolved. In tandem […]
South Korea’s petrochemical industry is reeling under the weight of China’s oversupply, with major companies slashing output and trimming jobs as market pressures intensify. According to local media, plant utilization rates, crucial for profitability, have tumbled well below the 80% threshold, with some facilities running in the 60% range during the first half of 2025. […]
In what may be one of the quietest weeks on record for West Coast South American polypropylene, both injection-grade and copolymer prices remained unchanged. As of August 15, 2025, CFR West Coast South America offers were logged at USD 980–1010/mt for PP injection and USD 1040–1070/mt for PP copolymer, exactly mirroring their levels from a […]
In a moment of calm amidst a typically volatile marketplace, refinery-grade propylene prices in the U.S. Gulf, historically prone to sharp swings, remained locked in a narrow range last week, with no change recorded. As of August 15, 2025, CFR prices were pegged at 30.50–31.00 cents per pound, underlining a market in cautious equilibrium. This […]
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