UPDATE: China’s Zhong'an United cuts operating rates on Dual Control

20 Oct 2021 Meanwhile, two other coal-based polyolefins producers are waiting for guidelines from the State Power Corporation of China on how to adjust their operating rates to meet the power consumption targets.

15 Oct 2021

China's Chengzhi Yongqing shuts MTO plant on Dual Control policy

There is an increase in the number of MTO plants taking their productions offline in order to achieve the energy consumption targets, putting substantial downward pressure on the methanol market in recent days.

13 Oct 2021

Vietnam’s Nghi Son to restart PP plant after a technical glitch

A couple of distributors decided to suspend all spot offerings this week, causing a more tightened local supply condition.

12 Oct 2021

Chinese MTO producers shut plants on poor economic

The domestic PP and PE market in China is at a highly sensitive period and any additional loss of supply would encourage sellers to keep prices firm.

07 Oct 2021

UPDATE: Indonesia’s Pertamina delays restart at PP plant

The delay has contributed to the recent torrid hikes in the spot PP market in recent days, especially on PP film grade.

05 Oct 2021

UPDATE: Thailand’s PTT declares force majeure on LLDPE output

The number 2 LLDPE unit has an annual capacity of 400,000 tons/year, which initially was scheduled to overhaul in November 2021.

30 Sep 2021

How much has the power crunch affected Chinese PP, PE plants?

Several coal-based plants initially received directives from the municipal governments to lower operating rates, however, at the time of this report, these companies have yet to execute the plans.

28 Sep 2021

Thailand’s PTT to shut LDPE line for brief maintenance in October

The producer has yet to confirm maintenance schedules at other units at the same complex.

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