Category: News By Category

PolymerEnergy

Middle East Recycled Polymer Prices Hold Steady Amid Balanced Supply and Demand

This week, recycled polymer prices across the Middle Eastern region remained stable, supported by consistent buying interest from converters and steady availability in most markets. Traders noted that comfortable inventory levels and moderate collection activity kept supply in balance, while downstream demand in certain sectors stayed soft. The absence of major disruptions, combined with cautious […]
PolymerOil

Vioneo and Lummus Join Forces to Build World’s First Fossil-Free Polypropylene Plant from Green Methanol

In a groundbreaking move for the plastics industry, Lummus Technology announced that Vioneo has selected its Novolen® polypropylene (PP) technology for a new plant in Antwerp, Belgium. This facility will form the centerpiece of Vioneo’s pioneering complex, which is set to become the world’s first industrial-scale producer of fossil-free plastics made entirely from green methanol. […]
PolymerEnergy

U.S. Homopolymer PP Prices Hold Ground at $960–980/mt Amid Global Export Pressures

In a market grappling with intensified global competition, polypropylene (PP) homopolymer export prices in the U.S. held steady at USD 960–980 per metric ton FAS Houston on August 14, 2025, showing no change from the previous week, according to Polymerduniya. Despite mounting export pressures from cheaper Asian offerings and persistent tariff uncertainty, U.S. sellers resisted […]
PolymerOil

Keyuan Petrochemicals Halts No. 1 Styrene Monomer Unit in Zhejiang, Market Speculates on Restart Timing

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 […]
Polymer Price Increase

Ethylene Prices Stand Pat in Europe and Asia as Markets Stay Cautious

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 […]
PolymerOil

Shutdown Countdown: Sinopec Maoming to Pause HDPE Output, Major Unit Offline from October to December

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 […]
PolymerOil

Fuhaichuang Gears Up for Revival: Gulei Orthoxylene Plant Targeted to Restart by August’s End

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 […]
PolymerOil

Grupa Azoty Pulls Plug on Hyundai Contract Amid €112 Million Penalty Dispute

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 […]

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