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 […]
A Polymerduniya source in China reveals that a Canadian producer has floated an offer for metallocene-grade LLDPE (mLLDPE) at around USD 1,055 per metric ton on a CFR China Main Port basis, targeting shipment between late August and early September 2025. This move stands out in the current market, not only for its origin from […]
A Polymerduniya source in China reported that a Saudi Arabian producer has floated an offer for metallocene-grade LLDPE (mLLDPE) at approximately USD 1,055 per metric ton, on a CFR China Main Port shipment basis slated for end-August to early September 2025. This move signals the producer’s readiness to engage in the Asian spot market, capitalizing […]
Celanese has temporarily taken its ethyl acetate (ETAC) and butyl acetate (BUTAC) production facility on Singapore’s Jurong Island offline for maintenance as of mid-August 2025. A Polymerduniya source in Singapore confirmed this development, though details on the duration of the shutdown remain unclear. The plant, situated within Celanese’s broader acetyls production complex on Jurong Island, […]
Zhejiang Petroleum & Chemical (ZPC) has brought its third butadiene (BD) plant in Zhoushan back online following a maintenance turnaround. A Polymerduniya source confirmed that the unit, which had been shut down on June 23, 2025, resumed operations in mid-August 2025. The No. 3 plant boasts a substantial production capacity of 250,000 metric tons per […]
SIG has just achieved a major sustainability milestone: its Terra RecShield BD bag-in-box packaging, incorporating the industry-leading Terra FlexTap, has become the first wine packaging solution from SIG to be formally recognized by the Association of Plastic Recyclers (APR) for meeting the highest criteria of recyclability under the APR Design® Guide. This validation was secured […]
PetroChina Fushun Petrochemical has taken its Linear Low-Density Polyethylene (LLDPE) plant in Fushun offline for a scheduled maintenance turnaround that began on August 15, 2025. According to industry sources, the unit, capable of producing 450,000 metric tons per year, is expected to remain offline through early October 2025, marking approximately a two-month shutdown. Strategically located […]
Hanwha TotalEnergies Petrochemical has taken its sizable Paraxylene (PX) production unit at Daesan offline for a scheduled maintenance turnaround that began in early August 2025, with operations expected to resume by the end of September 2025. The outage affects a facility with an annual production capacity of 1.26 million metric tons, a significant portion of […]
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