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SP Chemicals to launch new ethylene-based PVC plant in China by late 2024
12 Nov 2024 The forthcoming launch has garnered significant attention from industry stakeholders, who are closely tracking its progress amid challenging market conditions.
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12 Nov 2024

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JG Summit weighs temporary shutdown of Batangas complex amid mounting losses

The decision highlights the deepening challenges for petrochemical producers in Asia, who are grappling with high naphtha costs and persistently weak demand for polyolefins.
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12 Nov 2024

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China’s Sinopec Ineos commenced commercial production at the new PP, and PE plants

Operational as of November 11, 2024, the plants have already achieved on-spec output, positioning Sinopec Ineos to add a substantial 1.15 million tons per year to China's polyolefin supply.
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07 Nov 2024

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Vietnam's Long Son Petrochemical to build ethane storage facility to diversify feedstock sources

Currently, the United States is the world’s largest ethane supplier, and sourcing from this region would necessitate significant logistical preparedness at the plant.
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04 Nov 2024

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China prepares for a surge in PP production in late 2024 - 2025

In the first nine months of 2024, domestic PP production met nearly 97% of local consumption, a notable increase from 92% during the same period last year. Should the new plants come online as planned, China may officially transition into a net exporter of PP
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29 Oct 2024

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Inner Mongolia Baofeng Energy’s $6.9 billion coal-to-olefins project is set for early launch in November

The decision to expedite the start-up schedule is largely due to a recent drop in upstream costs, which has improved profit margins and lifted the company’s spirits following a period of market pessimism.
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25 Oct 2024

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China Resources plans partial maintenance shutdown at PET bottle plants

Market sources report that China Resources Chemical intends to implement a partial maintenance shutdown this December at two of its PET bottle production facilities, located in Changzhou and Zhuhai.
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22 Oct 2024

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Electrical malfunction shuttered five production lines at Jinneng Chemical

Jinneng Chemical Co Ltd was forced to abruptly halt operations at all five production units at its Qingdao complex on Monday, 21 October 2024, due to an unexpected electrical malfunction, according to industry sources.
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