Dongming Dongfang Chemical has successfully brought its 2-ethylhexanol (2-EH) unit back on stream in Shandong province, China. Market sources informed that the restart took place on September 7, 2025, following an extended maintenance turnaround that began on July 14, 2025. Although confirmation from an authorized company representative has not yet been secured, industry participants widely […]
Market sources in China report that Jinneng Chemical has taken its No. 3 Polypropylene (PP) unit offline for planned maintenance. The shutdown reportedly began around September 1, 2025, and the unit is expected to remain out of operation until the end of the month. While confirmation from an official company source has yet to be […]
Open-spec naphtha prices in Asia began the week on a softer note. On Monday, bids for the first half of September were assessed at USD 596 per metric ton CFR Far East, while offers stood slightly higher at USD 598 per metric ton CFR Far East. This reflected a marginal decline of USD 2 per […]
Market sources in East Africa have reported that a prominent Saudi Arabian producer has issued a new price offer for its HDPE Film (GF1442) grade. The offer has been heard at USD 1210 per metric ton, with shipment scheduled for September 2025. The material is being quoted on a CFR basis at Maputo port, Mozambique, […]
Market sources in East Africa have reported that a leading Saudi Arabian producer has announced its latest pricing for LDPE Extrusion Coating (7019EC) grade. The fresh offer has been heard at the USD 1470 per metric ton mark, with shipments scheduled for September 2025. The cargo is being quoted on a CFR basis at Maputo […]
Saudi Aramco is advancing a sweeping investment program worth approximately $90 billion, launching nearly 100 mega-projects that span oil, gas, petrochemicals, low-carbon energy, and digital innovation. According to CEO Amin Nasser, this massive pipeline is currently under implementation and reflects the company’s long-term strategic push to diversify its operations and secure the Kingdom’s energy future. […]
The US propylene market closed last week on a mixed note, with Polymer Grade Propylene (PGP) prices edging higher while Refinery Grade Propylene (RGP) values held steady. Market participants reported that tighter supply conditions combined with resilient automotive demand were key drivers behind the modest rise in PGP, even as overall market fundamentals remained fragile. […]
Crude oil prices climbed higher in early morning trading on Monday, with both West Texas Intermediate (WTI) and Brent benchmarks posting notable gains. The movement reflects improving sentiment in the energy markets, driven by renewed optimism over global demand trends and stronger buying activity from traders anticipating tighter supply conditions heading into the final quarter […]
Ethylene prices in Asia showed a mixed performance last week, climbing in Southeast Asia while remaining unchanged in other key regional markets. The upward movement in Southeast Asia was largely driven by concerns over short-term cargo availability, creating a climate of uncertainty that continues to bolster prices. Industry participants explained that operational disruptions and scheduled […]
Polyethylene terephthalate (PET) bottle grade prices in the Gulf Cooperation Council (GCC) region registered a decline this week, reflecting the combined pressure of subdued demand and reduced import offers from overseas suppliers. Market participants reported that muted buying activity across the region has coincided with softer import levels, creating conditions that have eroded market strength […]
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