20 Oct 2021
Hyosung Vina Chemicals Co Ltd has shut its propane dehydrogenation (PDH) unit in Southern Vietnam last Friday, 15 October 2021 following prolonged technical difficulties.
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
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
A couple of distributors decided to suspend all spot offerings this week, causing a more tightened local supply condition.
12 Oct 2021
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
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
The number 2 LLDPE unit has an annual capacity of 400,000 tons/year, which initially was scheduled to overhaul in November 2021.
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