29 Mar 2021
The impact on the Asian market might be insignificant as ample and competitive Chinese materials continue to fill up the supply gaps.
There have been a number of reports from market players that the producer has canceled contract obligations for the current week due to the shutdown.
It is uncertain at the moment the cause of the fire, however, a source close to the company said that ‘there was heavy rain and lightning’ at the time of the incident.
26 Mar 2021
As a result, the company has also taken the downstream PE plants offline until the cracker comes back online.
22 Mar 2021
A source close to the company confirmed that the shutdown has not severely affected the supply.
19 Mar 2021
Customers have received notice from several producers pertaining to the reduced availability of cargoes until the plants come back online.
17 Mar 2021
The PP unit is a joint venture between PolyMirae and SK Advanced, using the “Spheripol” process of LyondellBasell.
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