May 28, 2022 2:38 p.m.
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UPDATE: South Korea’s S-Oil restarted the RFCC unit after the explosion
25 May 2022 According to market sources, S-Oil Corporation has brought the residual fluidization catalytic cracking plant (RFCC) online on 24 May 2022
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24 May 2022

South Korea’s UPP shut PP plant amid negative margins

The uptick in replenishment activities in the previous week sparked expectations that the market might have reached the cyclical bottom, but prices continue to struggle to rebound.
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20 May 2022

Explosion at South Korea’s S-Oil plant

Market sources said that the explosion did not cause any physical damage to the downstream polyolefins plants at the adjacent location but might result in a temporary feedstock supply disruption.
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12 May 2022

Malaysia’s PrefChem successfully restarted the refinery, downstream plants followed suit

Media reports added that the refinery is currently processing the existing crude from the storage tank and will then receive supply from Saudi Aramco.
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11 May 2022

UPDATE: Vietnam’s Hyosung shut PDH unit after cutting operating rates

Vietnamese market participants expect the shutdown, coupled with the persistent production disruption at Nghi Son Refinery and Petrochemical would tighten domestic availability to a certain extent
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10 May 2022

Vietnam’s Hyosung shut PP plant following upstream issues

Several customers have reported delays in delivery of previously purchased cargoes as a result of the production disruptions.
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27 Apr 2022

Thailand's PTT to shut PE plants for maintenance works

At the time of this report, there is no additional information on the operation status at the HDPE plants belong the PTT at the same petrochemical site.
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21 Apr 2022

UPDATE: Vietnam’s Nghi Son struggles to restart PP plant after technical issues

Nghi Son has not been able to operate smoothly since the beginning of the year. In February, the company slashed operating rates by 50% as a result of financial issues at the refinery and was only able to operate for several weeks before being shut down again.
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