China’s major petrochemical futures closed in positive territory on Monday, with LLDPE, PP, PVC, and MEG all posting modest gains. LLDPE (l2601) opened at RMB 7,390 (USD 859) and moved within a narrow range of RMB 7,428 (USD 863) to RMB 7,388 (USD 859) before settling at RMB 7,423 (USD 863). The contract ended 0.51% […]
Polymer grade propylene (PGP) prices in the United States moved higher last week, while refinery grade propylene (RGP) values held flat. An industry source told Polymerduniya on condition of anonymity that the uptick in PGP was linked to increased trading activity for September, following weeks of price weakness in a long-supplied market with subdued demand. […]
Ethylene prices in the United States slipped on Thursday as deals were finalized at reduced levels. An industry source told a Polymerduniya team member that the decline reflected softer trading sentiment in the market. Prices were assessed at 22.00–22.50 cents/lb FD US Gulf, marking a drop of 0.50 cents/lb from Wednesday’s levels. In contrast, Asian […]
Sumitomo Chemical has officially commenced operations of its groundbreaking ethanol-to-propylene pilot facility at the Sodegaura site of its Chiba Works, marking a pivotal achievement in the petrochemical industry’s shift toward alternative, renewable feedstocks. The facility, completed as part of the NEDO Green Innovation Fund initiative, began operating this week after construction efforts that began in […]
Long Son Petrochemical has restarted its high-density polyethylene (HDPE) unit, resuming operations around August 19, 2025, after a prolonged shutdown that began in mid-October 2024. The unit, located in Ba Ria-Vung Tau province, has a production capacity of 500,000 mt per year and has been taken offline along with its upstream cracker amid shrinking production […]
On Wednesday, propylene prices in Europe moved lower as weak regional demand and sufficient availability weighed on sentiment. An industry source in Europe told a Polymerduniya team member that the market remained under pressure, with limited buying interest and ample supply driving prices down. CIF NWE propylene was assessed at Euro 735–745/mt, marking a decline […]
On Wednesday, polymer futures in China closed on a firmer note, with LLDPE, PP, PVC, and MEG all recording modest day-on-day gains, supported by steady market sentiment and improved buying interest. LLDPE (l2601) opened at RMB 7,347 (USD 850) and traded between RMB 7,413 (USD 858) and RMB 7,337 (USD 849) before closing at RMB […]
On Wednesday, propylene prices in Asia recorded gains, supported by rising upstream energy costs and improving market sentiment. An industry source in Asia told a Polymerduniya team member that higher crude and naphtha prices created cost-push pressure, while robust purchasing interest from local end-users and traders further lifted confidence. Market players highlighted that firmer feedstock […]
On Wednesday, European ethylene prices remained stable even as upstream energy costs moved higher, reflecting steady buying interest across regional markets. An industry source in Europe, speaking on condition of anonymity, told a Polymerduniya team member that prices held constant largely due to sustained purchasing activity. Ethylene prices in Europe were assessed at USD 845–855/mt […]
In a groundbreaking move for the plastics industry, Lummus Technology announced that Vioneo has selected its Novolen® polypropylene (PP) technology for a new plant in Antwerp, Belgium. This facility will form the centerpiece of Vioneo’s pioneering complex, which is set to become the world’s first industrial-scale producer of fossil-free plastics made entirely from green methanol. […]
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