11 Mar 2025
05 Mar 2025 SPVC k67-68 SPVC (A) k67-68
This comes on top of several indefinite shutdowns driven by margin pressures, further tightening supply. While these maintenance activities may offer short-term support, the broader market continues to grapple with persistent demand weakness.
28 Feb 2025
SCG Chemicals (SCGC) is advancing the final phase of its feedstock diversification initiative at the Long Son Petrochemicals Complex (LSP) in Vietnam, marking a significant milestone with preparations for the construction of ethane storage tanks now underway.
26 Feb 2025
The tightening supply has been a key factor behind the sustained upward momentum in HDPE prices. According to the CommoPlast Price Index, local HDPE prices on an EXW China basis have strengthened for four consecutive weeks
25 Feb 2025
Meanwhile, the No. 2 LLDPE production line remains in trial runs, with market participants anticipating an imminent transition to on-spec production. However, commercial-scale operations for both units are contingent on the cracker’s successful launch.
25 Feb 2025
Power outages are among the most critical disruptions for petrochemical plants, often resulting in complex and prolonged restart procedures. The extent of operational delays depends on the volume and state of chemical materials left in pipelines
24 Feb 2025
A total of 12 producers, operating 21 production lines, are set to undergo maintenance shutdowns between April and June. A breakdown of the expected losses indicates that May will see the most significant impact
