Vietnam’s Nghi Son cut operating rates at the PP plant amid weak margins

18 Jul 2022 All three Vietnamese PP producers are operating, which results in a rather comfortable supply condition in this market. With demand fails to pick up, the downward pressure is building up.

06 Jul 2022

UPDATE: Malaysia’s PrefChem to start downstream production by mid-July

PrefChem is a 50%-50% joint venture between Petronas and Saudi Aramco. The complex houses a naphtha cracker that produces 1.2 million tons/year of ethylene and 600,000 tons/year of propylene.

06 Jul 2022 SPVC k67-68 SPVC (A) k67-68

Chinese PVC plants cut operating rates to counterbalance weak demand

Spot carbide-based PVC traded in the local market is now at the lowest level since early January 2021 while ethylene-based PVC is at late October 2020’s levels.

04 Jul 2022

UPDATE: Vietnam’s Long Son Petrochemical postpones trial productions

Long Son Petrochemical is 100% owned by Thailand conglomerate SCG. After a decade of delay, SCG decided to take over all the stakes from other partners, including PetroVietnam and Qatar Petroleum and pushed forward with the project.

29 Jun 2022

Taiwan's FPC to bring forward scheduled turnaround on its No. 2 cracker

According to market sources, Formosa Petrochemical Corp (FPC) will be bringing forward the scheduled turnaround of its No. 2 cracker to ...

22 Jun 2022

South Korea’s GS Caltex stop the HDPE plant on a mechanical issue

In a notification letter to customers on 21 June 2022, GS Caltex Corporation informed about an unexpected mechanical issue at its HDPE plant, which forced the company to stop operation at one of the lines

20 Jun 2022

UPDATE: China’s Zhongjing postpones the startup at the new PP plant

At the moment, Zhongjing operates two existing PP lines with a nameplate capacity of 1 million tons/year and a 750,000 tons/year propane dehydrogenation (PDH) unit based in Fujian, China.

18 Jun 2022

China's Sinopec Shanghai Petrochemical shuts plants after an explosion

The incident took place at the No. 2 monoethylene-glycol (MEG) plant that produces 380,000 tons/year; however, relevant authorities are investigating the cause of the event.

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