Maoming Petrochemical Shihua has taken its methyl tertiary butyl ether (MTBE) unit offline in Guangdong, China, following the start of a maintenance turnaround late last week. A market source in China told, “The company shut the plant for maintenance around August 27, 2025. The duration of the shutdown could not be determined, and confirmation from […]
Aster Chemicals and Energy is expected to keep its monoethylene glycol (MEG) unit in Jurong, Singapore, offline for longer than initially planned, after postponing the facility’s restart due to unforeseen circumstances. According to a source in Singapore, the unit, which was shut in early August 2025 for scheduled maintenance, was originally slated to return to […]
Polyethylene terephthalate (PET) spot prices in Europe edged lower this week, extending a period of sluggish demand and oversupply that has left the market mired in one of its weakest phases since early 2021. Contract values, however, were unchanged across the region, offering little indication of recovery as September approaches. A European market participant told […]
Polyvinyl chloride (PVC) export prices in the United States fell sharply this week, sinking below USD 600/mt as oversupply and weak demand continued to dominate market dynamics. Traders said the steep decline has raised expectations that producers may eventually cut operating rates to stem further price losses, although no such moves have been confirmed. A […]
Polyethylene terephthalate (PET) prices in the United States remained unchanged this week, with market conditions described as subdued and sentiment depressed by sluggish demand. A US-based industry source told that, “The US spot import PET market experienced limited activity, keeping prices steady due to weak demand. Sentiment remained depressed due to low end-consumer demand, with […]
Ethylene prices in the United States remained unchanged on Thursday, with slower purchasing activity keeping sentiment subdued. Market participants reported that the lull in buying interest reflected broader weakness in downstream derivatives such as polyethylene and styrene, where demand continues to trail expectations. A US-based industry source told that, “Prices remained unchanged as purchasing activity […]
High-density polyethylene (HDPE) export prices in the United States declined this week as weak demand and abundant supply across all polyethylene grades continued to weigh on sentiment. Market participants reported that the bearish tone seen throughout August has persisted, with both domestic and export markets facing subdued buying interest. A US-based industry source told Polymerduniya, […]
Evonik has officially inaugurated Asia’s first world-scale alkoxides facility on Jurong Island, Singapore, a development that marks a pivotal step in its global catalyst strategy and reinforces its long-term commitment to the region. The plant, which carries an annual production capacity of 100,000 metric tons, represents a mid-double-digit-million-euro investment first announced in May 2023. Built […]
Recycled high-density polyethylene (R-HDPE) markets in Asia showed a modest uptick this week, with natural film pellet prices climbing slightly even as black blow molding grades held steady. Market sentiment, however, remains cautious as recyclers struggle to compete with cheaper virgin polyethylene. A regional industry source told that, “The Asian R-HDPE natural film pellet market […]
Hengli Petrochemical has reportedly shut down its purified terephthalic acid (PTA) facilities in Huizhou, China, following technical complications that surfaced earlier this week. According to a Polymerduniya source, the company halted operations on August 21, 2025, though the precise timeline for resumption remains uncertain. “The company is heard to have shut its units due to […]
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