20 Jan 2025
From a supply perspective, industry participants do not anticipate significant disruptions to spot availability during these shutdowns. However, the producer has adjusted its January PP prices for the domestic market, increasing them by INR 1,000/ton ($12/ton)
15 Jan 2025
Among the new plants, Shandong Yulong Petrochemical has stood out for its rapid progress, successfully bringing all downstream units online ahead of schedule. The company has achieved stable operating rates across its facilities, marking a significant milestone.
10 Jan 2025
Despite the new unit not yet achieving on-spec production, SP Chemicals has begun offering near-prime cargoes to the spot market. This move has raised significant concerns among market participants, particularly given the ongoing weakness in demand.
08 Jan 2025
27 Dec 2024
26 Dec 2024
In 2022, Ineos acquired a 50% stake in Sinopec’s Tianjin Nangang Ethylene Project as part of its strategy to expand its footprint in China. This acquisition is one of four strategic partnerships between Ineos and Sinopec, which include plans to produce ABS and HDPE pipe grades.
22 Dec 2024
