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BLOGS - ALL PRODUCT NEWS

LDPE prices march higher in Europe

On 27 Nov 2020 at 14:15 IST

This week, despite weaker regional buying trends, LDPE prices witnessed a rise in Europe. Reports of limited product availability in the region and bullish cues from Asia supported the price rise.An LDPE trader while in conversation with a Polymerupdate team........
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Total declares FM on supplies of PS

On 27 Nov 2020 at 11:25 IST

A letter to customers from Total Petrochemicals & Refining SA/ Total Petrochemicals France SA, dated November 26th, alerted them about a Force Majeure on supplies of Polystyrene.The letter regretted that on account of ‘technical problems and consequently........
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Unplanned outage reported at PDH unit of Hebei Haiwei

On 27 Nov 2020 at 09:00 IST

Hebei Haiwei Group has shut its propylene dehydrogenation (PDH) unit for unplanned maintenance.A Polymerupdate source in China informed that the company has halted operations at the unit on November 19, 2020. Further details on duration of shutdown could not........
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Ethylene prices gain in Asia on Thursday

On 27 Nov 2020 at 08:30 IST

Ethylene prices climbed higher in Asia on Thursday. The price rise was triggered by bullish upstream crude and naphtha values, coupled with stronger regional demand trends. Tight product avails and firmer downstream PE demand and pricing trends, further........
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Crude oil prices climb higher on Wednesday

On 26 Nov 2020 at 17:40 IST

Let's start with energy and feedstock news:Crude oil prices marched higher on Wednesday as the EIA reported a decline in the U.S crude oil and distillate inventories. Also, weakening of the US dollar and hopes for the vaccine to combat the pandemic, further........
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French Total to stop operations at its Donges refinery until business improves

On 26 Nov 2020 at 16:25 IST

French multinational integrated oil-gas company, Total, has decided to shut its 222,000 BPD producing Donges refinery located near Atlantic coast of France for a few months, until any further improvement in the business, announced the firm on November 24. Due........
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Amendment in consent to operate of leading brand owners and plastic producer for use of Recycled Plastic in Plastic Packaging and Plastic Items

On 26 Nov 2020 at 13:35 IST

Maharashtra Pollution Control BoardCircular: Amendment in consent to operate of leading brand owners and plastic producer for use of Recycled Plastic in Plastic Packaging and Plastic........
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GPPC resumes production at SM plant

On 26 Nov 2020 at 08:40 IST

Grand Pacific Petrochemical Corp (GPPC), has restarted its styrene monomer (SM) plant in Ta Sheh.A Polymerupdate source in Taiwan informed that, the company has recently resumed operations at the plant following an unplanned outage. Further details on........
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Propylene prices journey northwards in Asia on Wednesday

On 26 Nov 2020 at 08:30 IST

On Wednesday, propylene prices climbed higher in Asia. The price rise was triggered by bullish upstream crude and naphtha rates, coupled with stronger regional buying sentiments in major markets like China. Reports of limited product avails and stronger........
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PP, PE and PVC prices march higher in Asia this week

On 25 Nov 2020 at 16:50 IST

Let's start with energy news:Crude oil prices spiked on Tuesday following news of a third promising vaccine against the pandemic that uplifted hopes for fuel demand recovery. Also, reports of the U.S. President-elect Joe Biden commencing his shift to the........
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Low-Density Polyethylene (LDPE) prices firm up in Asia

On 25 Nov 2020 at 14:15 IST

This week, LDPE prices marched higher across the Asian regions. Prices firmed, on the back of stronger regional demand trends and continued tight product availability. Firmer upstream energy and ethylene values, further pushed prices higher in Asia. The........
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Idemitsu Kosan eyes maintenance at Chiba cracker

On 25 Nov 2020 at 10:45 IST

Idemitsu Kosan, is in plans to take off-stream its naphtha cracker for a turnaround.A Polymerupdate source in Japan informed that, the company is likely to halt operations at the cracker in April 2021. The cracker is expected to remain off-line for about two........
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Propylene prices witness a rise in Asia on Tuesday

On 25 Nov 2020 at 08:30 IST

Propylene prices gained in Asia on Tuesday. The price rise was supported by firmer upstream energy rates and limited product availability. Stronger regional buying sentiments coupled with bullish downstream demand and pricing trends, further pushed prices........
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India halts anti-dumping investigations of MEG from Saudi Arabia

On 24 Nov 2020 at 15:45 IST

As per the government orders released late on Nov 23, India has decided to terminate its decision on the anti-dumping investigation into ethylene glycol (MEG). The decision was made after Reliance Industries (RIL) made a request to stop the investigation........
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Zhejiang Wankai starts maintenance at PET plant

On 24 Nov 2020 at 14:15 IST

Zhejiang Wankai New Materials Co has undertake a planned shutdown at its polyethylene terephthalate (PET) plant in Haining.A Polymerupdate source in China informed that the company started turnaround at the plant on November 17, 2020. Further details on........
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Sinopec Baling shuts SM plant for maintenance

On 24 Nov 2020 at 08:40 IST

Sinopec Baling Petrochemical has undertaken a planned shutdown at its styrene monomer (SM) plant.A Polymerupdate source in China informed that the company halted operations at the plant for maintenance in mid-November, 2020. The exact duration of the shutdown........
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Ethylene prices climb higher in Asia on Monday

On 24 Nov 2020 at 08:30 IST

On Monday, Ethylene prices witnessed a rise in Asia. The price gain was prompted by stronger regional demand trends and limited product avails in the region. Higher upstream energy values further supported the price rise in Asia.CFR North East Asia ethylene........
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Crude oil prices gain last Friday

On 23 Nov 2020 at 17:05 IST

Let's start with energy and feedstock news:Crude oil prices gained last Friday on optimism of news reports that the first vaccine doses to combat the pandemic are likely to be available by the end of 2020. Brent futures marched higher by 76 cents settling........
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Eneos to shut Kawasaki cracker

On 23 Nov 2020 at 10:10 IST

Eneos Corporation, is in plans to take off-stream its cracker for unplanned maintenance work.A Polymerupdate source in Japan informed that, the company is likely to halt operations at the cracker in early-December 2020. The crakcer is likely to remain........
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Butadiene prices march higher in Asia

On 23 Nov 2020 at 08:30 IST

Last week, Butadiene prices climbed higher in Asia. The price gain was triggered by continued tight product availability, stronger regional buying sentiments, coupled with bullish downstream ABS demand and pricing trends.On Friday, FOB Korea prices of........
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Ethylene prices spike in Asia

On 21 Nov 2020 at 08:40 IST

Ethylene prices surge in Asia this week. Reports of limited product avails and stronger regional buying sentiments, together helped ethylene sellers to raise their prices sharply higher across the Asian regions.Firm downstream PE demand and pricing trends........
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PVC prices firm up in Europe

On 20 Nov 2020 at 15:45 IST

This week, PVC prices marched higher in Europe. The price rise was triggered by continued tight regional product availability and bullish demand trends.A PVC trader while in conversation with a Polymerupdate team member said, "PVC prices are likely to remain........
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EDC and VCM prices climb in Europe

On 20 Nov 2020 at 14:52 IST

This week, EDC and VCM prices climbed higher in Europe. The price rise was prompted by higher upstream ethylene values and stronger regional buying sentiments, coupled with bullish downstream PVC demand and pricing trends. Reports of continued tight product........
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Tianjin LG Bohai cuts PVC run rates

On 20 Nov 2020 at 08:40 IST

Tianjin LG Bohai Chemical, is presently running its polyvinyl chloride (PVC) unit at lower run rates.A Polymerupdate source in China informed that, the company has reduced run rates at is unit in early-November, 2020.Located at Dagu, China, the PVC unit has a........
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Propylene prices climb in Asia on Thursday

On 20 Nov 2020 at 08:30 IST

On Thursday, propylene prices climbed higher in Asia. The price rise was mainly on account of high upstream costs and improved regional demand trends.The price gain was further supported by stronger downstream PP demand and pricing trends. CFR China propylene........
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Crude oil prices climb higher on Wednesday

On 19 Nov 2020 at 14:10 IST

Let's start with energy and feedstock news:Oil prices gained on Wednesday on optimism that the OPEC and its allies are expected to delay the earlier planned increase in the oil output. Also, Pfizer’s statement that its vaccine to combat the pandemic was now........
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Sinopec Yangzi resumes production at No. 3 PP unit

On 19 Nov 2020 at 08:40 IST

Sinopec Yangzi Petrochemical, has brought on-stream its No. 3 polypropylene (PP) unit following a planned outage.A Polymerupdate source in China informed that, the company resumed operations at the unit in mid-November, 2020. The unit was shut for maintenance........
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Ethylene prices march higher in Asia on Wednesday

On 19 Nov 2020 at 08:30 IST

Ethylene prices gained in Asia on Wednesday. Reports of tight regional product availability, coupled with stronger downstream PE demand and pricing trends in key markets like China, supported the price rise in Asia.CFR North East Asia ethylene prices were........
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Polyvinylchloride (PVC) prices bolster higher in Asia

On 18 Nov 2020 at 15:45 IST

PVC prices spiked across the Asian regions this week. The sharp price gain was on the back of persistent bullish regional demand trends and tight product availability. A sharp rise in import offers from the overseas suppliers and deals done at higher price........
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Lotte Chemical likely to resume PET production

On 18 Nov 2020 at 08:40 IST

Lotte Chemical, is in plans to bring on-stream its Polyethylene Terephthalate (PET) unit following a turnaround.A Polymerupdate source in South Korea informed that, the company is likely to resume operations at the unit early this week. The unit was shut for........
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