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BLOGS - HDPE NEWS

Asian ethylene prices bolster higher on Monday

On 12 Nov 2019 at 09:30 IST

On Monday, ethylene prices in Asia leapt higher. Reports of limited product availability and bullish regional buying sentiments, together pushed prices higher, in Asia. CFR South East Asia prices were assessed higher at the USD 800/mt levels, a sharp gain of........
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Zhong Tian halts production at LDPE unit

On 11 Nov 2019 at 08:20 IST

Zhong Tian He Chuang a joint venture of Sinopec and China Coal Energy Group, has taken off-stream its low density polyethylene (LDPE) unit owing to a technical glitch. A Polymerupdate source in China informed that the company has undertaken an emergency........
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Shenhua Baotou restarts coal-to-olefin plant

On 08 Nov 2019 at 08:20 IST

Shenhua Baotou has brought on-stream its coal-to-olefin plant following a maintenance turnaround. A Polymerupdate source in China informed that the company has completed maintenance turnaround at its plant in early-November, 2019. The plant was taken off-line........
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Asian ethylene prices rise on Wednesday

On 07 Nov 2019 at 09:30 IST

On Wednesday, ethylene prices gained in Asia. Reports of limited product availability and improved buying sentiments in key markets like China, supported the price gain across the Asian regions. CFR North East Asia ethylene prices, were assessed up at the USD........
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HDPE unit planned to be taken off-stream by Thai Polyethylene

On 07 Nov 2019 at 08:20 IST

Thai Polyethylene Co a subsidiary of Siam Cement Group is in plans to shut its high density polyethylene (HDPE) unit owing to economic fundamentals.A Polymerupdate source in Thailand informed that the unit will be taken off-stream on November 21, 2019. It is........
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Asian ethylene prices gain on Monday

On 05 Nov 2019 at 09:30 IST

On Monday, ethylene prices witnessed a rise in Asia. The price rise, was supported by stronger upstream crude and naphtha values, coupled with limited product availability in the region. CFR North East Asia ethylene prices, were assessed up at the USD 725/mt........
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CPC eyes turnaround at No. 3 Cracker in 2020

On 05 Nov 2019 at 08:20 IST

CPC Corp, is in plans to shut its No. 3 cracker for a maintenance turnaround. A Polymerupdate source in Taiwan, informed that, the company has schedule to commence a turnaround at the cracker, in mid-February 2020. The cracker is likely to remain off-stream........
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Sinopec Guangzhou starts maintenance at Guangzhou cracker

On 01 Nov 2019 at 08:20 IST

Sinopec Guangzhou Petrochemical has halted operations at its cracker. A Polymerupdate source in China informed that the company has started maintenance at the cracker on October 12, 2019. The cracker is likely to restart in early-December, 2019.Located in the........
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HDPE plant likely to be shut by SCG

On 25 Oct 2019 at 08:20 IST

SCG plastics is in plans to take its high density polyethylene (HDPE) plant off-stream for a maintenance turnaround.A Polymerupdate source in Thailand informed that the plant is planned to be taken off-line on November 21, 2019. It is likely to remain under........
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Shanghai Golden Phillips halts HDPE production

On 23 Oct 2019 at 08:20 IST

Shanghai Golden Phillips Petrochemical Co, has taken off-stream its high density polyethylene (HDPE) plant, for a maintenance turnaround.A Polymerupdate source in China, informed that, the company has halted operations at the plant on October 22, 2019. The........
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Source comments at Naphtha-fed stream cracker by JG Summit Petrochemical Corp

On 22 Oct 2019 at 08:20 IST

JG Summit Petrochemical Corp has undertaken a planned shutdown at its naphtha-fed steam cracker for maintenance and debottlenecking exercise.A Polymerupdate source in Philippines informed that the company has commenced maintenance along with the capacity........
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Ethylene prices tumble in Asia

On 19 Oct 2019 at 10:00 IST

This week, reports of plentiful product availability and persistent dull regional buying sentiments, pulled ethylene prices sharply lower in Asia. Weaker downstream PE demand and pricing trends, further supported the price drop.CFR North East Asia prices were........
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Ethylene prices down adjust in parts of Asia on Thursday

On 18 Oct 2019 at 09:30 IST

On Thursday, ethylene prices declined in some parts of Asia. CFR North East Asia ethylene prices, were assessed down at the USD 730/mt levels, a day on day drop of USD 10/mt. The price fall, was mainly on account of plentiful product availability and weaker........
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SP Chemicals resumes production at Jiangsu cracker

On 18 Oct 2019 at 08:40 IST

SP Chemicals has restarted its cracker following an unplanned outage.A Polymerupdate source in China informed that the company has resumed operations at the cracker on October 16, 2019. The cracker was shut for unplanned maintenance on October 5, 2019.Located........
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Unplanned outage reported at No. 3 HDPE unit of Lotte Chemical

On 18 Oct 2019 at 08:20 IST

Lotte Chemical has halted operations at its high density polyethylene (HDPE) unit owing power failure.A Polymerupdate source in South Korea informed that the unit was taken off-stream on October 17, 2019. It is expected to remain shut for around one........
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MTO plant brought on-stream by Yanchang Petroleum

On 17 Oct 2019 at 08:20 IST

Yanchang Petroleum Yan An Energy and Chemical has restarted its Methanol to olefin (MTO) plant following a maintenance turnaround.A Polymerupdate source in China informed that the company has completed turnaround at the plant on October 14, 2019. The plant........
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Crude oil prices tumble on Monday.

On 15 Oct 2019 at 18:00 IST

Let’s start with energy and feedstock news:Oil prices fell sharply by 2% on Monday, on the back of an ambiguity about the first phase of a trade deal between the United States and China. Also, a weak Chinese economic data for the month of September, further........
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Ethylene prices witness a fall in parts of Asia on Monday

On 15 Oct 2019 at 10:00 IST

On Monday, ethylene prices in some parts of Asia, drifted lower. CFR North East Asia ethylene prices, were assessed lower at the USD 755/mt levels, a sharp drop of USD 20/mt from last Friday. Reports of ample product availability and bearish demand trends in........
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Crude oil prices surge last Friday.

On 14 Oct 2019 at 17:00 IST

Let’s start with energy and feedstock news:Crude futures spiked 2% higher last Friday, on an account of a progress in the U.S.-China trade negotiations and after an Iranian owned oil tanker was struck by two missiles near the Saudi port city of Jeddah. Brent........
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LLDPE prices fall in South Asia.

On 09 Oct 2019 at 17:00 IST

Let’s start with energy news:Oil prices fell on Tuesday, as Washington banned 8 more Chinese companies, dampening the hopes for a trade deal between the two countries. Also, a rise in the U.S. crude oil inventories last week, supported the price fall. Brent........
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Naphtha prices tumble in Asia on Thursday.

On 04 Oct 2019 at 17:00 IST

Let’s start with energy news:Crude futures displayed a mixed undertone on Thursday. WTI futures slipped, on an account of a complete restoration of crude oil production in Saudi Arabia and the EIA’s report displaying a rise in the U.S. crude oil inventories.........
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BASF resumes production at Ludwigshafen cracker

On 03 Oct 2019 at 08:20 IST

BASF has restarted its No. 1 steam cracker following a maintenance turnaorund.A Polymerupdate source in Germany informed that the company has resumed operations at the plant on September 30, 2019. The plant was shut for maintenance in mid-August, 2019.Located........
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Ethylene and propylene prices drift lower in Asia.

On 30 Sep 2019 at 18:00 IST

Let’s start with energy and feedstock news:Crude futures oil prices fell sharply last Friday, as Saudi Arabia is executing a partial cease-fire in Yemen. Also, restoration of the disrupted crude oil production from the damaged Abqaiq facility, supported the........
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Ethylene prices tumble in Asia

On 30 Sep 2019 at 09:30 IST

Last week, ethylene prices drifted sharply lower in Asia. A week on week fall in upstream crude and naphtha values, pressured ethylene prices lower across the Asian regions. Prices also tumbled, on reports of dull demand trends in key markets like China,........
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Ethylene prices continue to quote lower in Asia

On 27 Sep 2019 at 09:30 IST

On Thursday, ethylene prices dropped, for the 3rd consecutive day, in Asia. Weaker upstream energy values, supported the price drop.Prices further fell, on an account of persistent dull buying interests in key markets like China, before the National Golden........
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Ethylene prices journey southward on Wednesday

On 26 Sep 2019 at 09:00 IST

On Wednesday, ethylene prices in Asia down adjusted. The sharp price drop, was triggered by bearish upstream crude and naphtha rates.Reports of weaker demand trends in major markets like China, ahead of the National Golden Week holidays, starting from early........
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LLDPE prices march higher in Asia.

On 25 Sep 2019 at 17:00 IST

Let’s start with energy news:Crude oil prices plummeted on Tuesday, as the U.S. President Donald Trump doused an optimism over the U.S.-China trade talks and rekindled the market fears on global economic growth. Prices were also weighed down, by an unexpected........
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Asian ethylene prices drift lower on Tuesday

On 25 Sep 2019 at 09:30 IST

On Tuesday, ethylene prices in Asia drifted lower. Reports of ample product availability and weaker demand trends in key markets like China, together pressured prices lower. CFR North East Asia ethylene prices, were assessed lower at the USD 885/mt levels, a........
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Propylene price gain on Monday.

On 24 Sep 2019 at 18:00 IST

Let’s start with energy and feedstock news:Crude oil futures gained on Monday, after Iran warned the presence of the U.S. forces in the Gulf, causing instability in the region. Also, the rising concerns in crude oil supply disruption, supported the price........
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Ethylene prices bolster higher in Asia last week

On 23 Sep 2019 at 18:00 IST

Let’s start with energy and feedstock news:Crude futures edged lower last Friday, on renewed concerns over the US-China trade tussle and a rise in the crude oil inventories as reported by the EIA. Brent futures declined by 12 cents, settling at $64.28, while........
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