UPDATE: Vietnam’s Long Son started up the HDPE plant following a slight delay

25 Aug 2022 According to market sources, Long Son Petrochemical has successfully brought online the first polyolefin unit at the newly constructed petrochemical complex in Southern Vietnam

09 Aug 2022

UPDATE: Malaysia’s PrefChem to startup HDPE and PP2 plant in August

PrefChem is a 50%-50% joint venture between Petronas and Saudi Aramco. The complex houses a naphtha cracker that produces 1.2 million tons/year of ethylene and 600,000 tons/year of propylene.

01 Aug 2022

Thailand’s IRPC to shut polyolefins plant for scheduled maintenance

In an official letter to its customers, IRPC Public Company Limited (IRPC) informed of the plan to carry out major maintenance works in the fourth quarter of the current year at its petrochemical complex in Map Ta Phut, Thailand.

27 Jul 2022

Vietnam’s Stavian signed MoU on investment to construct a new PP plant

Once completed in the fourth quarter of 2026, Stavian Quang Yen Petrochemical will become the fifth PP producer in Vietnam, bringing the total PP outputs in the country to about 2.12 million tons.

18 Jul 2022

Vietnam’s Nghi Son cut operating rates at the PP plant amid weak margins

All three Vietnamese PP producers are operating, which results in a rather comfortable supply condition in this market. With demand fails to pick up, the downward pressure is building up.

06 Jul 2022

UPDATE: Malaysia’s PrefChem to start downstream production by mid-July

PrefChem is a 50%-50% joint venture between Petronas and Saudi Aramco. The complex houses a naphtha cracker that produces 1.2 million tons/year of ethylene and 600,000 tons/year of propylene.

06 Jul 2022 SPVC k67-68 SPVC (A) k67-68

Chinese PVC plants cut operating rates to counterbalance weak demand

Spot carbide-based PVC traded in the local market is now at the lowest level since early January 2021 while ethylene-based PVC is at late October 2020’s levels.

04 Jul 2022

UPDATE: Vietnam’s Long Son Petrochemical postpones trial productions

Long Son Petrochemical is 100% owned by Thailand conglomerate SCG. After a decade of delay, SCG decided to take over all the stakes from other partners, including PetroVietnam and Qatar Petroleum and pushed forward with the project.

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