Vietnam has implemented a 2% import duty on HDPE and LLDPE, effective July 8, 2025, aiming to shield its only domestic polyolefin producer, Long Son Petrochemical (LSP), from a surge of low-priced imports, particularly from Southeast Asia and China. LSP had lobbied for a 3% tariff during the development of its new facility, but downstream […]
Advanced Petrochemical Co., through its subsidiary Advanced Polyolefins Industry Co. (APOC), has officially begun commercial operations at its new propane dehydrogenation (PDH) and polypropylene (PP) facilities in Jubail Industrial City, Saudi Arabia. The PDH unit, converting propane to propylene, boasts a nameplate capacity of 843,000 tonnes per year, while the two PP plants have a combined […]
Qatar Vinyl Company (QVC) is on track to commission Qatar’s inaugural polyvinyl chloride (PVC) plant in Mesaieed by September 2025, ushering in a new chapter in the country’s industrial diversification and expanding its presence in global vinyl markets. The new facility, with a nameplate capacity of 350,000 t/yr, will integrate seamlessly with QVC’s existing infrastructure in […]
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 […]
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