Global PVC sector faces structural strain as four major plants head for permanent shutdowns

18 Dec 2025 Weak margins, sluggish demand, and mounting pressure from low-cost Chinese exports are forcing four PVC producers across Europe, Japan, and the US to permanently halt production in 2025.

16 Dec 2025 Styrene VCM SPVC k67-68

Westlake to cease chlorovinyl, styrene productions in the US in major restructuring

Westlake Corporation announced on Monday a comprehensive rationalisation plan to cease operations at several North American chlorovinyl and styrene production facilities by December 2025.

10 Dec 2025

Wankai Group launches PET facility in Cilegon, promises new jobs and economic boost

The new PET food-grade production facility in Cilegon will boast an annual capacity of 750,000 tons.

10 Dec 2025

Vietnam’s Nghi Son Refinery and Petrochemical completed routine maintenance

Vietnam’s Nghi Son Refinery and Petrochemical has completed a short maintenance shutdown at its PP plant, with the unit now in the process of ramping up operations, according to market sources.

09 Dec 2025 PET Bottle

PT Petnesia Resindo halts PET production amid weak domestic sales and rising Chinese imports

The producer has halted operations from 20 November to 20 January 2026 due to weak domestic demand and rising competition.

05 Dec 2025

Vietnam’s Hyosung Vina completes turnaround, cranks up operating rates

The company brought the turnaround forward to late October from an initial schedule in the first quarter of 2026, citing prolonged margin pressure.

04 Dec 2025

ExxonMobil to retire older Jurong Island cracker as Huizhou ramp-up advances

ExxonMobil plans to permanently shut the older of its two steam crackers on Singapore’s Jurong Island from March 2026, marking another step in Asia’s ongoing capacity rationalisation

03 Dec 2025

Malaysia’s PRefChem partially restarted polyolefin operations

Pengerang Refining and Petrochemical (PRefChem) has partially resumed operations at its integrated complex in Johor, a move that could ease emerging supply tightness in Malaysia’s domestic polyolefin market

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