China’s Sinopec Ineos Tianjin achieved on-spec production at new PP and PE plants

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

Update: Startup status at new Chinese PP and PE plants

In the PP segment, progress has been less encouraging. Inner Mongolia Baofeng III and Shandong Yulong Petrochemical have begun trial operations but have yet to achieve on-spec production as of December 22, 2024.

22 Dec 2024

Thailand's PTTGC to halt GPPS production amid margin pressures

The GPPS facility has been under pressure due to subdued market demand and challenging economic conditions. Despite efforts to improve operational efficiency, the decision reflects persistent economic headwinds impacting the petrochemical industry.

20 Dec 2024 SPVC k67-68

Sources: Shintech stabilizes operations at new PVC plant in Louisiana, USA

Shintech, a subsidiary of Shin-Etsu Chemical and the world’s largest producer of PVC, has announced the commencement of commercial production at its newly established PVC plant in Plaquemine, Louisiana, USA. The facility is expected to reach full operational capacity by the end of the month.

17 Dec 2024 PPH Inj PPH Raf

Update: Maintenance shutdown schedules at Chinese PP plants in 1Q2025

The cumulative production loss of 112,424 tons represents a moderate reduction relative to China's average monthly PP production capacity. Market participants remain unconcerned over these overhauls, citing two key mitigating factors:

17 Dec 2024

Shandong Yulong launches trial production at new petrochemical complex in Yantai, China

Shandong Yulong Petrochemical has initiated trial production at parts of its newly constructed petrochemical complex in Yantai City, Shandong Province, China, marking the operational debut of the Phase I grassroots integrated project after four years of development.

13 Dec 2024

Malaysia’s Lotte Titan to shut No. 1 naphtha cracker amid margin pressures

Lotte Chemical Titan announced on 13 December 2024 that it will temporarily shut down its No. 1 naphtha cracker due to severe margin erosion amid a prolonged downturn in the petrochemical industry.

11 Dec 2024

Vietnam’s Hyosung Vina Chemical to shut PP plants for maintenance in early 2025

This development comes amid a wave of planned shutdowns across Southeast Asia in early 2025. Other significant facilities set to go offline include Long Son Petrochemical and JG Summit Petrochemical.

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