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 […]
Ethylene prices eased in parts of Asia last week while holding steady across Southeast Asia, reflecting a market caught between ample supply and guarded demand. An industry source speaking on background told that lower-priced November-arrival U.S. cargo offers into Northeast Asia, combined with weak demand from polyethylene and styrene makers and adequate regional supply, pushed […]
China Petroleum & Chemical Corporation (Sinopec) has turned the first sod on a sweeping upgrade of its Tahe integrated refining and petrochemical complex in the resource-rich Xinjiang region, a move aimed at boosting both refining and higher value petrochemical output. The upgrade will increase the plant’s crude oil refining capacity from 5 million tons per […]
This week in Asia the polyethylene markets, especially HDPE, LDPE, and LLDPE, showed signs of fatigue. Prices nudged down in several markets, while many buyers pulled back, waiting for clearer signals after the upcoming festive breaks. The tension between ample supply (some of it driven by U.S.-origin and Middle Eastern cargoes) and tepid end-use demand […]
Hanwha Solutions is preparing to take its Yeosu oxo-alcohols plant offline for maintenance in November 2025, according to sources close to the company in South Korea. The decision, while expected, has not been formally confirmed by an official spokesperson, and details such as the exact start date and the length of the outage are not […]
Korea Petrochemical Industry Co (KPIC) is reported to be planning a significant maintenance turnaround of its cracker at Onsan in the fourth quarter of 2026, according to a source in South Korea. While the shutdown schedule is tentative and both the date and duration are yet unconfirmed, market watchers are already bracing for the impact. […]
Xinjiang Tianye has reportedly taken its large No. 3 monoethylene glycol (MEG) unit in Shihezi, Xinjiang, offline for maintenance around September 19, 2025, according to multiple China-market sources. The company has not issued an official announcement, and the expected duration of the shutdown remains unknown. The unit in question carries a 600,000 metric tons per […]
A reliable source in China reports that a US-based producer has put forward an offer for high-density polyethylene (HDPE), injection grade, priced at USD 830 per metric ton on a Cost & Freight (CFR) basis to China’s main ports. The proposed shipment date is for October 2025, placing this offer squarely in Q4 trade discussions. […]
Ethylene pricing in the United States showed little movement on Thursday, reflecting the quiet tone that has characterized the market in recent weeks. Market participants told that trading activity remained subdued and discussions thin, leaving spot assessments unchanged from the previous session. Industry sources, speaking on condition of anonymity, said that producers and buyers alike […]
China’s butanediol market is facing a new supply question after Wuheng Chemical suspended operations at its No.1 BDO plant in Ningxia. Market sources told that the facility was taken offline on September 15, 2025, to undergo maintenance work. The company has not issued an official statement and has yet to confirm how long the shutdown […]
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