Propylene prices in parts of Asia softened last week as a wave of new supply weighed against lackluster downstream demand. FOB Japan pricing eased to USD 740–750/mt (down USD 5/mt), while Taiwan’s CFR pricing dropped more sharply to USD 775–785/mt (down USD 15/mt). Prices in China’s CFR market also edged lower to USD 765–775/mt, again slipping by USD 5/mt week on […]
U.S. polymer-grade propylene prices edged lower on Wednesday, slipping to 34.50–35.00 ¢/lb FD US Gulf, down by roughly 0.05 ¢/lb from Tuesday, while refinery-grade spot held steady at 31.50–32.00 ¢/lb FD US Gulf, unchanged. A market participant, speaking anonymously, explained: “Spot PGP prices fell due to a weak trading momentum, mirroring subdued demand sentiments. Looking ahead, an anticipated […]
Vietnam has implemented a 2% import duty on HDPE and LLDPE, effective July 8, 2025, aiming to shield its only domestic polyolefin producer, Long Son Petrochemical (LSP), from a surge of low-priced imports, particularly from Southeast Asia and China. LSP had lobbied for a 3% tariff during the development of its new facility, but downstream […]
Advanced Petrochemical Co., through its subsidiary Advanced Polyolefins Industry Co. (APOC), has officially begun commercial operations at its new propane dehydrogenation (PDH) and polypropylene (PP) facilities in Jubail Industrial City, Saudi Arabia. The PDH unit, converting propane to propylene, boasts a nameplate capacity of 843,000 tonnes per year, while the two PP plants have a combined […]
Qatar Vinyl Company (QVC) is on track to commission Qatar’s inaugural polyvinyl chloride (PVC) plant in Mesaieed by September 2025, ushering in a new chapter in the country’s industrial diversification and expanding its presence in global vinyl markets. The new facility, with a nameplate capacity of 350,000 t/yr, will integrate seamlessly with QVC’s existing infrastructure in […]
Ethylene prices in Asia held steady on Tuesday despite bearish signals from energy markets. CFR Northeast Asia ethylene was assessed at USD 815–825/mt, unchanged from Monday’s assessment, while CFR Southeast Asia remained flat at USD 825–835/mt, according to a regional industry source who noted that “prices remained constant amid a muted buying momentum in the Asian markets.” […]
Sadara Chemical Company has declared a force majeure on LDPE supplies from its Al Jubail plant following a fire incident in early July 2025. The company reported the site fire mid-month, prompting a temporary halt in operations, though the duration of the disruption remains unspecified. Located in Al Jubail, Saudi Arabia, this LDPE unit supports an annual […]
Hyundai Chemical Co Ltd is preparing for a significant scheduled turnaround at its LDPE/EVA swing plant in Daesan, South Korea, with maintenance anticipated to begin on October 13, 2025, and extend through November 24, 2025, according to a source speaking on condition of anonymity. The facility, which has an annual production capacity of approximately 300,000 mt, routinely […]
According to local media sources, a fire broke out at Bharat Petroleum Corporation Limited’s (BPCL) Kochi refinery on the evening of July 8, spreading dense black smoke throughout the surrounding area. The fire started near the central warehousing unit and was reportedly sparked by a power surge in a 200-kilovolt underground wire that runs via […]
The Copobras Group has purchased circular polyethylene (PE), which is made by chemical recycling, from Braskem, a multinational petrochemical firm that creates sustainable chemical and plastic solutions to enhance people’s lives. This is the first time the business has brought this type of circular resin to the South American market. Copobras will use the material […]
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