Ethylene prices in Asia held steady on Tuesday despite bearish signals from energy markets. CFR Northeast Asia ethylene was assessed at USD 815–825/mt, unchanged from Monday’s assessment, while CFR Southeast Asia remained flat at USD 825–835/mt, according to a regional industry source who noted that “prices remained constant amid a muted buying momentum in the Asian markets.” […]
Sadara Chemical Company has declared a force majeure on LDPE supplies from its Al Jubail plant following a fire incident in early July 2025. The company reported the site fire mid-month, prompting a temporary halt in operations, though the duration of the disruption remains unspecified. Located in Al Jubail, Saudi Arabia, this LDPE unit supports an annual […]
Hyundai Chemical Co Ltd is preparing for a significant scheduled turnaround at its LDPE/EVA swing plant in Daesan, South Korea, with maintenance anticipated to begin on October 13, 2025, and extend through November 24, 2025, according to a source speaking on condition of anonymity. The facility, which has an annual production capacity of approximately 300,000 mt, routinely […]
Propylene prices in Asia remained stable on Tuesday, showing resilience in the face of declining energy values. Despite softer crude and feedstock dynamics, regional benchmarks were assessed unchanged, as buying activity stayed subdued and market participants maintained a cautious stance. A regional trader, speaking on condition of anonymity, noted, “Prices were left unchanged on the […]
European propylene markets remained firmly anchored on Monday as both polymer-grade and CIF NWE prices held steady, reflecting a balanced yet cautious trading environment. Polymer-grade spot propylene was assessed at €750–760/mt FD NWE, while CIF Northwest Europe prices were unchanged at €770–780/mt, mirroring last Friday’s levels. A Europe-based industry source, speaking on condition of anonymity, […]
European ethylene markets remained subdued on Monday, with prices unchanged from last Friday’s levels despite soft market momentum. CIF Northwest Europe ethylene was assessed at USD 800–810/mt, and FD NWE spot was steady at €705–715/mt. An industry source, speaking on condition of anonymity, told our team: “Buying interest for ethylene in the region remained muted, […]
US propylene prices in the US Gulf Coast market remained unchanged on Monday, underscoring a continuation of subdued trading activity across both polymer-grade and refinery-grade grades. Polymer-grade propylene was assessed at 35.00–35.50 cents per pound (FD US Gulf), while refinery-grade held firm at 29.00–29.50 cents per pound, identical to last Friday’s levels. Industry participants attributed the rollover […]
Ethylene markets in the United States began the week on a quiet note, defying upward momentum in upstream energy markets. Despite a firming tone in crude oil and naphtha prices- both key feedstocks in ethylene production, spot ethylene prices remained largely unchanged on Monday, reflecting subdued trading sentiment and limited downstream demand. According to industry […]
US President Donald Trump has announced a new round of tariff increases aimed at numerous countries, including Brazil, which will face a harsh 50% rate – the highest ever in this round. The tariff announcement also contained tariffs on additional countries, including 30% on Algeria, Libya, Iraq, and Sri Lanka, 25% on Brunei and Moldova, […]
ChemOne Group, a Singapore-based petrochemicals, green energy, and natural resources conglomerate, has completed a significant milestone by securing finance for the Pengerang Energy Complex (PEC) in Johor, Malaysia. The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), a wholly-owned subsidiary of the Islamic Development Bank (IsDB), has authorized a historic US$350 million […]
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.
