H&G Chemical, a joint venture between South Korea’s Hanwha Solutions and GS Energy, has announced plans to commission a new Ethylene Vinyl Acetate (EVA) plant by September 2025. The facility, which will boast a production capacity of 300,000 tons per year, is set to rise in the bustling Yeosu Industrial Complex in South Jeolla province. […]
Ethylene markets were largely unmoved on Wednesday, with prices holding steady in both the United States and Asia amid subdued trading interest and limited buying activity. Market participants reported that sentiment remained cautious, reflecting a wait-and-see approach from both producers and consumers. In the U.S. Gulf region, ethylene was assessed at 20.00–20.50 cents per pound […]
Oil prices slipped early Wednesday as traders weighed signs of uneven global demand and ongoing concerns about economic growth. Both major benchmarks, West Texas Intermediate (WTI) and Brent, registered modest declines in early morning trading, reflecting a market that remains sensitive to shifts in sentiment and macroeconomic signals. WTI crude for October 2025 delivery traded […]
Propylene prices moved lower in the Chinese market on Wednesday, reflecting persistent softness in regional demand, while values in neighboring South Korea held steady. Market participants said the downward trend in China underscored lingering concerns over slow downstream consumption and cautious purchasing activity. CFR China propylene was assessed at USD 795–805 per metric ton, a […]
The Iranian recycled polymer market maintained a steady tone this week, with prices across key grades showing little sign of volatility despite mixed demand from downstream sectors. Traders and converters reported that balanced supply and cautious buying patterns have kept the market in equilibrium, allowing prices to remain stable on a free-on-board (FOB) Iran basis. […]
Propylene prices remained unchanged across Europe on Wednesday, as sluggish buying activity and fragile downstream demand continued to weigh on market sentiment. Industry participants reported that despite stable assessments, overall mood in the market stayed cautious, reflecting persistent uncertainty in the broader economic environment. An industry source in Europe, who requested anonymity, told a team […]
China’s key polymer futures edged lower in the latest trading session, with contracts for linear low-density polyethylene (LLDPE), polypropylene (PP), polyvinyl chloride (PVC), and monoethylene glycol (MEG) all closing in negative territory as sentiment softened across commodity markets. On the Dalian Commodity Exchange, LLDPE opened at RMB 7,235 (about USD 846) and briefly climbed to […]
Recycled polymer markets across the Middle East maintained a steady footing over the past week, with prices largely unchanged as balanced supply–demand fundamentals kept volatility in check. Industry participants pointed to stable inventories and reliable collection flows as the primary factors supporting price stability, even as downstream consumption remained tepid. Converters continued to buy only […]
Hyosung Vina Chemicals is preparing to take its No. 1 polypropylene (PP) unit in Cai Mep, Vietnam, offline for an extended maintenance program, a move that could tighten regional PP supplies as year-end approaches. Market sources report that the company intends to halt operations by the end of October 2025, with the outage expected to […]
Xinjiang Tianye has successfully restarted operations at its No. 3 monoethylene glycol (MEG) plant in Shihezi, China, bringing fresh supply back to the domestic market after a scheduled maintenance shutdown. According to a market source in China, the unit resumed production in mid-September 2025 following a brief outage that began in early September for routine […]
We are the leading information provider of the Petrochemical Industry and Our team comes with a strong background of Petrochemical industry and has experience of over 28 years.
