S-Oil Corp is preparing for a significant maintenance shutdown at its No. 1 residue fluid catalytic cracker (RFCC) unit in Onsan, South Korea, which could temporarily tighten propylene supply in the region. According to a source, the company is expected to commence maintenance on the unit by mid-October 2025, with operations likely to remain offline […]
Maoming Petrochemical Shihua has brought its ethanolamines plant in Guangdong back online, resuming production in early September 2025 after an extended maintenance shutdown. According to a source in China, the facility had been offline since the first half of July 2025 for scheduled turnaround work. While the restart has been reported by industry participants, official […]
In a groundbreaking move for sustainable materials, Vioneo has awarded ECI Group a major contract to build the world’s first low-density polyethylene (LDPE) plant that will operate entirely on fossil-free feedstock. Located in Antwerp, this pioneering facility will harness ECI Group’s advanced autoclave technology to produce 110,000 tonnes per year of LDPE derived from certified […]
High-density polyethylene (HDPE) prices across Asia remained unchanged this week, with stability masking underlying weakness as oversupply, sluggish downstream demand, and broader macroeconomic headwinds continued to weigh on sentiment. A source in Asia highlighted the persistent uncertainty caused by the Russia–Ukraine conflict and ongoing U.S. sanctions on major oil producers, which have fueled volatility in […]
Polypropylene (PP) prices across Asia rolled over this week, reflecting an uneasy balance between ample supply and muted demand, as regional markets struggled to find direction amid mounting economic pressures and sluggish downstream activity. A source in Asia observed that the global energy backdrop remains a defining factor, with the Russia–Ukraine conflict and U.S. sanctions […]
Polyvinyl chloride (PVC) prices across Asia faced renewed downward pressure this week, reflecting the combined weight of oversupply, soft downstream demand, and subdued regional trade activity. While most markets registered price declines, India stood out as relatively stable, supported by domestic price adjustments and policy factors, even as consumption there also showed signs of weakness. […]
Low-density polyethylene (LDPE) prices across Asia edged lower this week, weighed down by subdued downstream demand, currency pressures, and ample spot availability, despite firm offers from Middle Eastern suppliers and scheduled plant maintenance on the horizon. In Far East Asia, LDPE film grade values were assessed at USD 1030–1060/mt CFR, showing a marginal rise of […]
Linear low-density polyethylene (LLDPE) prices across Asia trended downward this week, weighed by a mix of fragile demand, oversupply, and macroeconomic headwinds. Industry participants pointed to the Russia–Ukraine conflict and persistent U.S. sanctions on major oil-producing countries as key global factors driving crude oil volatility, adding unpredictability to energy and petrochemical markets. In Far East […]
Polyethylene terephthalate (PET) prices across Asia remained largely unchanged this week, as the market continued to balance global energy volatility with seasonal slowdowns in downstream demand. A source in Asia noted that the Russia–Ukraine conflict and persistent U.S. sanctions on key oil-producing nations have heightened uncertainty in global supply chains, fueling a rise in international […]
Formosa Chemicals & Fibre Corp (FCFC) is preparing to halt operations at its No.2 Paraxylene (PX) unit in Mailiao, Taiwan, as part of scheduled maintenance. A source in Taiwan confirmed that the shutdown is expected to take place in October 2025, though the precise start date and the duration of the turnaround have not yet […]
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