29 May 2024
Operations at the hub were halted on 07 May 2024 due to severe flooding that began in late April. Despite the heavy rainfall, Braskem reported its polymer inventories were safe.
28 May 2024
This interruption is likely to impact the supply chain, potentially leading to a tightening of PE availability in the market.
23 May 2024
Hyosung Vina Chemical has completed a major maintenance schedule at its petrochemical complex in Southern Vietnam and is currently in the process of ramping up operating rates
21 May 2024
Interestingly, Zhejiang Satellite Lianyungang decided to bring online its styrene monomer (SM) plant after being shut down on 01 December 2023 due to thin profit margins.
The restart marked a slight delay of 5 days compared to the initial schedule, however, the impact on the market is negligeable.
16 May 2024
Pengerang Refining Company Sdn Bhd and Pengerang Petrochemical Company Sdn Bhd (collectively known as PRefChem) is gearing up for the production resumption at its petrochemical complex
15 May 2024
During the three-month shutdown, from March to June, LSP carries out the necessary repairs, maintenance, and ‘strengthen operating standard’.
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