Indonesia’s Asahimas to shut one of PVC units for maintenance

25 Jul 2023 According to market sources, PT Asahimas Chemical is mulling over taking one of the PVC production lines in Cilegon, Indonesia offline this week for routine maintenance.

22 Jul 2023

Thailand’s PTT to shut LDPE plant for maintenance

The shutdown is expected to affect spot allocation for LDPE film, sources said, which supports the firming trend across Asia at the moment.

19 Jul 2023

Indonesia’s Lotte Titan to restart LLDPE plant after unexpected shutdown

A couple of major trading houses in Indonesia decided to lift LLDPE film offers above HDPE film prices, taking advantage of the supply situation.

17 Jul 2023

UPDATE: South Korea’s Hyundai to shut HDPE plant for maintenance in September

Meanwhile, the producer has not revealed any plans for the LDPE/EVA swing unit at the time of this report.

13 Jul 2023

South Korea’s Hyundai restarted PP plants, PE units to come back in August

As reported earlier, the South Korean government abolishes import duty on naphtha by the end of 2023 in an attempt to support the petrochemical sector in the country.

10 Jul 2023

Saudi Aramco and TotalEnergies awarded EPC contracts to build a mega petrochemical complex in Jubail

The new petrochemical complex with an estimated investment of $11 billion, named Amiral is built to utilize the off-gases and naphtha from the SATORP refinery

05 Jul 2023

UPDATE: Malaysia’s PrefChem stabilizes operating rates at PP, LLDPE plants

According to market sources, Pengerang Refining and Petrochemical (PRefChem) has reportedly stabilized operating rates at its PP and LLDPE plants following the recent maintenance and plant hiccups.

05 Jul 2023

Taiwan’s Formosa to shut PVC unit for maintenance

Market participants are monitoring closely the potential impact of this overhaul on the near-term pricing movement.

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