Low density polyethylene prices edged lower across South Asia this week, with traders staying cautious despite the backdrop of rising global oil prices and simmering geopolitical tension. A regional source told Polymerupdate that crude’s upward march, fueled by the Russia-Ukraine conflict and uncertainty over possible new U.S. sanctions on oil producers, has done little to […]
PVC prices across Asia stayed flat this week, with traders largely unmoved despite rising global oil prices and persistent geopolitical tension. Market participants pointed to balanced supply and demand as the main reason for the quiet tone. A regional source told that even with crude continuing its upward climb amid the Russia-Ukraine conflict and the […]
Propylene prices across Asia retreated at the start of the week as subdued trading and limited downstream appetite continued to weigh on sentiment. Market participants reported that FOB Korea values fell to USD 760–770 per metric ton on Monday, down USD 5 from Friday’s assessment. CFR China prices mirrored the trend, easing to USD 790–800 […]
Market contacts in Taiwan report that Formosa Chemicals & Fibre Corp (FCFC) is preparing to take its No. 2 paraxylene (PX) unit offline for scheduled maintenance in October 2025. The facility, situated in Mailiao, carries a nameplate capacity of 700,000 metric tons per year and plays a central role in the company’s aromatic chemicals operations. […]
Industry contacts in China report that Sinopec Maoming Petrochemical is preparing to take its No. 2 polypropylene (PP) unit offline in early November 2025. The plant, located in Maoming, Guangdong Province, carries a nameplate capacity of 200,000 metric tons per year and is a key contributor to regional PP supply. According to a market source […]
Farabi Petrochemicals Company has inaugurated its fourth integrated Linear Alkyl Benzene (LAB) plant in Yanbu Industrial City, cementing its status as the world’s largest integrated LAB producer. The $950 million state-of-the-art facility adds 120,000 metric tons per year of LAB capacity and is built adjacent to Aramco’s refineries, allowing the use of locally produced kerosene […]
Xinjiang Zhongtai Chemical has shut its purified terephthalic acid unit in Bayin for maintenance, adding a note of uncertainty to China’s PTA market. A market source told that operations were suspended around September 18, 2025, though the company has not confirmed how long the outage will last. Official details remain scarce and the information could […]
Hanwha Solutions is preparing to take its Yeosu oxo-alcohols plant offline for maintenance in November 2025, according to sources close to the company in South Korea. The decision, while expected, has not been formally confirmed by an official spokesperson, and details such as the exact start date and the length of the outage are not […]
Korea Petrochemical Industry Co (KPIC) is reported to be planning a significant maintenance turnaround of its cracker at Onsan in the fourth quarter of 2026, according to a source in South Korea. While the shutdown schedule is tentative and both the date and duration are yet unconfirmed, market watchers are already bracing for the impact. […]
Xinjiang Tianye has reportedly taken its large No. 3 monoethylene glycol (MEG) unit in Shihezi, Xinjiang, offline for maintenance around September 19, 2025, according to multiple China-market sources. The company has not issued an official announcement, and the expected duration of the shutdown remains unknown. The unit in question carries a 600,000 metric tons per […]
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