Hindustan Petroleum Corporation Limited (HPCL) extinguished a late-night fire at an intermediate sulphur pitch storage tank inside its Visakhapatnam refinery on Monday without casualties or disruption to core refining units. Production continues normally across the complex.
Formosa Plastics Corporation, U.S.A. has declared force majeure on select PE products following an unforeseen operational incident and unscheduled asset shutdown at its Point Comfort petrochemical complex in Texas. Supply availability now hinges on the undisclosed restart timeline.
South Korea’s H&L Advanced is permanently discontinuing production of its commodity HDPE film and HDPE yarn grades at its Daesan complex, narrowing its HDPE portfolio strictly to specialty cap and injection-moulding materials.