Formosa Petrochemical Corp (FPCC) is expected to bring its No. 2 butadiene (BD) unit in Mailiao, Taiwan, back online by September 2025, following a year-long maintenance shutdown. According to a source, “The company plans to resume operations at the unit by September 2025. The unit was shut down for maintenance in August 2024. However, an […]
Sinopec Maoming Petrochemical is preparing for a planned maintenance turnaround at its high-density polyethylene (HDPE) units in Guangdong, China, scheduled to begin in early November 2025. According to a source in China, “The company is expected to halt operations at the units in early November 2025 for maintenance. However, details regarding the duration of the […]
Chinese polymer futures closed in negative territory this week, with contracts for linear low-density polyethylene (LLDPE), polypropylene (PP), polyvinyl chloride (PVC), and monoethylene glycol (MEG) all posting declines as sluggish demand and persistent oversupply weighed on sentiment. On the Dalian Commodity Exchange, LLDPE (l2601) futures opened at RMB 7,280 (USD 848/mt) and fluctuated between RMB […]
Monoethylene glycol (MEG) prices in the United States remained flat last week, with market sentiment subdued despite the restart of a major production facility in Louisiana. An industry source told that, “US MEG prices remained stable as offers stayed the same after a major producer returned to the market. Spot offers were noted to be […]
US spot ethylene prices fell further last week, extending a downward trend that has persisted through August despite reports of supply disruptions at major olefins facilities. Market sentiment remained bearish as ample availability and weak downstream demand outweighed temporary outages. A market source told that, “Spot ethylene prices in the U.S. kept declining, even with […]
Ethylene prices in Asia climbed higher last week, buoyed by supply constraints and reduced spot availability, even as downstream fundamentals remained weak. An industry source told, that the upward move was largely driven by a shortage of September-loading cargoes, as producers across the region continued to run plants at reduced operating rates due to both […]
Fresh offers for polyethylene terephthalate (PET) resin have surfaced from Vietnam, with a domestic producer heard to have quoted bottle-grade PET (IV 0.84) at USD 865 per metric ton on an FOB basis for September 2025 shipment. According to a source in Vietnam, the announcement comes at a time when sentiment in the Asian PET […]
Shanxi Woneng Chemical has successfully resumed operations at its monoethylene glycol (MEG) unit in Linfen, Shanxi province, after completing a maintenance turnaround earlier this month. According to a source in China, “The company is reported to have brought the unit back on stream around August 28, 2025, following a turnaround. The unit had been shut […]
Sinopec Guangzhou Petrochemical is preparing to take its linear low-density polyethylene (LLDPE) unit offline later this year as part of scheduled maintenance, according to market sources. A source in China told Polymerduniya, “The company is expected to halt operations at the unit for maintenance in the fourth quarter of 2025. However, the exact date and […]
Thai Lube Base has resumed operations at its Group I base oils facility in Sriracha, Thailand, after completing a maintenance turnaround that kept the plant offline for several weeks. According to a source in Thailand, “The company is reported to have restarted its unit in mid-August 2025, following a maintenance turnaround. The unit had been […]
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