On Wednesday, European ethylene prices remained stable even as upstream energy costs moved higher, reflecting steady buying interest across regional markets. An industry source in Europe, speaking on condition of anonymity, told a Polymerduniya team member that prices held constant largely due to sustained purchasing activity. Ethylene prices in Europe were assessed at USD 845–855/mt […]
This week, recycled polymer prices across the Middle Eastern region remained stable, supported by consistent buying interest from converters and steady availability in most markets. Traders noted that comfortable inventory levels and moderate collection activity kept supply in balance, while downstream demand in certain sectors stayed soft. The absence of major disruptions, combined with cautious […]
Keyuan Petrochemicals has pulled the plug on its No. 1 Styrene Monomer (SM) plant in Ningbo, Zhejiang, suspending operations beginning around August 11, 2025, according to a Polymerduniya source in China. The shutdown, reportedly initiated for maintenance work, leaves market watchers anticipating news on when the unit will come back online. This facility, which contributes […]
Petronas Chemicals is preparing for a significant maintenance turnaround, with plans to shut down its butyl acetate (butac) unit at Kerteh by the end of the first quarter of 2026, according to a Polymerduniya source in Malaysia. While the specific date and duration remain unconfirmed, industry insiders expect the plant to be offline through this […]
Ethylene prices held firm across Europe and Asia on Tuesday, with markets showing little activity amid a backdrop of economic uncertainty and cautious buying sentiment. In Europe, ethylene prices were stable at USD 845–855/mt CIF North-West Europe (NWE) and €750–760/mt FD NWE, mirroring Monday’s levels. An industry source in Europe noted that while supply remained […]
Sinopec Maoming Petrochemical has revealed plans for a significant maintenance shutdown at its high-density polyethylene (HDPE) unit, according to a Polymeduniya source in China. The plant, located in Maoming, Guangdong, will cease operations from late October 2025 and is expected to remain offline through the end of December 2025. This HDPE unit boasts a substantial […]
Fuhaichuang Petroleum and Petrochemical is poised to bring its Orthoxylene (OX) facility back online by the end of August 2025, according to reliable Polymerduniya sources. The Gulei-based unit, which paused operations in late June for scheduled maintenance, carries an impressive production capacity of 240,000 metric tons per year. Strategically located in the petrochemical hub of […]
South Korea’s petrochemical industry is reeling under the weight of China’s oversupply, with major companies slashing output and trimming jobs as market pressures intensify. According to local media, plant utilization rates, crucial for profitability, have tumbled well below the 80% threshold, with some facilities running in the 60% range during the first half of 2025. […]
A Polymerduniya source in China reported that a Saudi Arabian producer has floated an offer for metallocene-grade LLDPE (mLLDPE) at approximately USD 1,055 per metric ton, on a CFR China Main Port shipment basis slated for end-August to early September 2025. This move signals the producer’s readiness to engage in the Asian spot market, capitalizing […]
Zhejiang Petroleum & Chemical (ZPC) has brought its third butadiene (BD) plant in Zhoushan back online following a maintenance turnaround. A Polymerduniya source confirmed that the unit, which had been shut down on June 23, 2025, resumed operations in mid-August 2025. The No. 3 plant boasts a substantial production capacity of 250,000 metric tons per […]
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