Shanxi Woneng Chemical has successfully resumed operations at its monoethylene glycol (MEG) unit in Linfen, Shanxi province, after completing a maintenance turnaround earlier this month. According to a source in China, “The company is reported to have brought the unit back on stream around August 28, 2025, following a turnaround. The unit had been shut […]
Reliance Industries Ltd (RIL), India’s largest petrochemical producer, has revised its domestic prices of purified terephthalic acid (PTA), announcing an upward adjustment effective August 30, 2025. According to a domestic industry source, RIL increased PTA prices by ₹1.20/kg, setting the new basic price at ₹75.50/kg. The revision comes amid fluctuating regional demand trends and changes […]
The European polymer market showed a divided picture this week, with spot HDPE and LDPE prices easing on sluggish demand and sufficient supply, while LLDPE managed to hold firmer thanks to reduced availability and selective demand support. Contract prices across most polyethylene grades, however, rolled over as market participants awaited clearer direction from September negotiations. […]
The US polymer market faced another bearish week, with most polyethylene grades drifting lower and PVC export prices collapsing to levels under USD 600/mt. Ample supply, soft global demand, and growing competition from overseas producers have kept sentiment weak, leaving traders and producers struggling to maintain margins. High-density polyethylene (HDPE) export prices moved lower, weighed […]
Polyethylene terephthalate (PET) spot prices in Europe edged lower this week, extending a period of sluggish demand and oversupply that has left the market mired in one of its weakest phases since early 2021. Contract values, however, were unchanged across the region, offering little indication of recovery as September approaches. A European market participant told […]
Polyvinyl chloride (PVC) export prices in the United States fell sharply this week, sinking below USD 600/mt as oversupply and weak demand continued to dominate market dynamics. Traders said the steep decline has raised expectations that producers may eventually cut operating rates to stem further price losses, although no such moves have been confirmed. A […]
Polyethylene terephthalate (PET) prices in the United States remained unchanged this week, with market conditions described as subdued and sentiment depressed by sluggish demand. A US-based industry source told that, “The US spot import PET market experienced limited activity, keeping prices steady due to weak demand. Sentiment remained depressed due to low end-consumer demand, with […]
Ethylene dichloride (EDC) and vinyl chloride monomer (VCM) prices in the United States reflected a mixed undertone this week, as export activity lent support to EDC while VCM values eased under pressure from a weakening global PVC market. A US-based industry source told that, “US export prices for ethylene dichloride stayed steady as market activity […]
Evonik has officially inaugurated Asia’s first world-scale alkoxides facility on Jurong Island, Singapore, a development that marks a pivotal step in its global catalyst strategy and reinforces its long-term commitment to the region. The plant, which carries an annual production capacity of 100,000 metric tons, represents a mid-double-digit-million-euro investment first announced in May 2023. Built […]
Hengli Petrochemical has reportedly shut down its purified terephthalic acid (PTA) facilities in Huizhou, China, following technical complications that surfaced earlier this week. According to a Polymerduniya source, the company halted operations on August 21, 2025, though the precise timeline for resumption remains uncertain. “The company is heard to have shut its units due to […]
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