In a sign of shifting dynamics in China’s polyester raw-material landscape, INEOS Zhuhai is reportedly gearing up to bring its No.3 Purified Terephthalic Acid (PTA) plant back online in early October, following a maintenance shutdown that began on September 23, 2025. A source based in China told an industry team member that “the company plans […]
China American Petrochemical has taken its purified terephthalic acid unit in Taichung, Taiwan, offline for scheduled maintenance, according to market sources. A contact familiar with the situation told a team member that the shutdown began around September 24, 2025, though the exact duration has not been confirmed and no official statement has been released. The […]
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 […]
PET (Polyethylene Terephthalate) prices in Asia remained largely steady this week, even as the market faced mounting headwinds from dropping upstream costs, shifting trade policies, and weak seasonal demand. According to a source in the region, geopolitical tension stemming from the Russia-Ukraine conflict has heightened fears of supply disruptions, while hopes for a U.S. Federal […]
Zhejiang Dushan Energy has restarted its purified terephthalic acid (PTA) plant in Jiaxing, China, during the first half of September 2025, following a scheduled turnaround that began on August 26. Though no official statement has yet been released by company authorities, a source in China confirms the resumption of operations. The Jiaxing facility boasts a […]
Polyethylene terephthalate (PET) prices in the United States remained unchanged this week, even as market participants continued to digest the federal government’s decision to impose full tariffs on PET and recycled PET imports effective September 8, 2025. According to an industry source, the tariff announcement initially created confusion, prompting many buyers and sellers to pause […]
The Asian polyester feedstock market is on alert as Sichuan Shengda Chemical New Material plans to take its large-scale purified terephthalic acid (PTA) facility offline for maintenance later this month. A source in China reports that the one-million-metric-ton-per-year plant, located in Nanchong, is slated for a second-half of September 2025 shutdown to undergo a scheduled […]
Formosa Chemicals & Fibre Corp (FCFC) has taken its No.1 Purified Terephthalic Acid (PTA) unit in Ningbo, China, offline, according to market sources. Industry participants report that the plant was heard to have been shut on or around September 4, 2025, for maintenance-related reasons. While the company has not provided an official statement, sources indicate […]
The European polyethylene terephthalate (PET) market faced renewed downward pressure this week, as spot prices weakened while contract prices held steady. Market participants reported that a combination of elevated stock levels, sluggish post-summer demand, and competitively priced imports weighed on sentiment, leaving sellers with little room to push through additional volumes. An industry source in […]
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 […]
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