Tianhong Chemical has resumed operations at its propane dehydrogenation (PDH) facility in Dongying, Shandong province, China, after completing a maintenance turnaround. According to a market source, “The company is heard to have resumed operations at the plant around August 25, 2025, following a maintenance shutdown that began around June 30, 2025. However, an official statement […]
Polypropylene (PP) prices across Latin America drifted lower this week, pressured by declining freight costs from Asia and competitive offers from suppliers in China and the Middle East. The arrival of attractively priced cargoes eroded sentiment across Brazil, Mercosur, and the West Coast of South America, leaving regional producers facing intensifying competition and subdued downstream […]
Polypropylene (PP) prices in Europe drifted lower this week as muted demand and ample supply weighed heavily on sentiment, overshadowing an uptick in upstream propylene spot values. A market participant told Polymerduniya, “The European polypropylene market experienced price decreases in August across every product segment, impacted by weak buyer interest and reduced spot activity as […]
Propylene prices in Europe remained stable on Wednesday, with weak demand and ample supply keeping trading activity subdued. A regional industry source told Polymerduniya, “Even though the pricing trend remained stable, buying activity stayed muted due to weak demand and abundant supply.” CIF Northwest Europe propylene was assessed at EUR 725–735/mt, unchanged from Tuesday. Spot […]
The petrochemical complex faced renewed headwinds on Wednesday, with futures contracts for key polymers on the Dalian Commodity Exchange extending losses amid persistent concerns over demand recovery. Polypropylene, linear low-density polyethylene (LLDPE), and polyvinyl chloride (PVC) futures all closed lower, dragging down sentiment across the wider value chain. Polypropylene contracts settled at CNY 7,021 per […]
In a decisive move to address chronic oversupply and bolster shrinking profit margins, South Korea has launched an ambitious restructuring of its ailing petrochemical sector, targeting the dismantling of small, standalone naphtha crackers in favor of streamlined operations and strategic consolidation. Under a government-guided voluntary pact, ten leading petrochemical companies have agreed to slash naphtha-cracking […]
Polymer grade propylene (PGP) prices in the United States advanced on Monday, supported by healthy trading activity and improved buying interest. An industry source in the US told a Polymerduniya team member that spot values gained ground as active deals in the market signaled firmer sentiment compared to the previous week. Spot delivered PGP was […]
Chiba Chemicals has successfully restarted its cracker in Chiba, Japan, following a scheduled maintenance shutdown. A Polymerduniya source in Japan reported that the cracker was brought back on stream last weekend after being offline since mid-June 2025. The source added that operations at the plant have now stabilized, with run rates normalized after the turnaround. […]
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. […]
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 […]
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