Hyundai Chemical Co Ltd is preparing for a significant scheduled turnaround at its LDPE/EVA swing plant in Daesan, South Korea, with maintenance anticipated to begin on October 13, 2025, and extend through November 24, 2025, according to a source speaking on condition of anonymity. The facility, which has an annual production capacity of approximately 300,000 mt, routinely […]
Propylene prices in Asia remained stable on Tuesday, showing resilience in the face of declining energy values. Despite softer crude and feedstock dynamics, regional benchmarks were assessed unchanged, as buying activity stayed subdued and market participants maintained a cautious stance. A regional trader, speaking on condition of anonymity, noted, “Prices were left unchanged on the […]
European propylene markets remained firmly anchored on Monday as both polymer-grade and CIF NWE prices held steady, reflecting a balanced yet cautious trading environment. Polymer-grade spot propylene was assessed at €750–760/mt FD NWE, while CIF Northwest Europe prices were unchanged at €770–780/mt, mirroring last Friday’s levels. A Europe-based industry source, speaking on condition of anonymity, […]
European ethylene markets remained subdued on Monday, with prices unchanged from last Friday’s levels despite soft market momentum. CIF Northwest Europe ethylene was assessed at USD 800–810/mt, and FD NWE spot was steady at €705–715/mt. An industry source, speaking on condition of anonymity, told our team: “Buying interest for ethylene in the region remained muted, […]
US propylene prices in the US Gulf Coast market remained unchanged on Monday, underscoring a continuation of subdued trading activity across both polymer-grade and refinery-grade grades. Polymer-grade propylene was assessed at 35.00–35.50 cents per pound (FD US Gulf), while refinery-grade held firm at 29.00–29.50 cents per pound, identical to last Friday’s levels. Industry participants attributed the rollover […]
Ethylene markets in the United States began the week on a quiet note, defying upward momentum in upstream energy markets. Despite a firming tone in crude oil and naphtha prices- both key feedstocks in ethylene production, spot ethylene prices remained largely unchanged on Monday, reflecting subdued trading sentiment and limited downstream demand. According to industry […]
Vynova has declared that it will halt PVC production at its Beek plant in the Netherlands in November 2025. This decision was made following a thorough examination of the company’s manufacturing base, which was prompted by economic, regulatory, and market issues. The Beek facility has been in operation since 1972 and is located in the […]
ChemOne Group, a Singapore-based petrochemicals, green energy, and natural resources conglomerate, has completed a significant milestone by securing finance for the Pengerang Energy Complex (PEC) in Johor, Malaysia. The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), a wholly-owned subsidiary of the Islamic Development Bank (IsDB), has authorized a historic US$350 million […]
Ethylene prices plummeted dramatically in Asia on Monday. An anonymous industry source in Asia notified a Polymerduniya team member that “prices declined in line with weaker naphtha values coupled with a bearish purchase pulse in the Asian market.” On Monday, CFR North East Asia ethylene prices were estimated at USD 815-825/mt, down USD (-30/mt) from […]
Univation Technologies, based in Houston, has announced that Nayara Energy Limited has chosen Univation's Unipol PE process technology for a world-scale manufacturing plant in Vadinar, Gujarat. Nayara Energy's new polyethylene project will construct a production line capable of producing 650,000 tonnes of PE per year.
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