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

30 Sep 2021 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.

27 Sep 2021

Media: PrefChem hopes to restart troubled plant by year-end

Market sources remain cautious about the restart schedule claiming that it might take the complex of such scale up to the second quarter of 2022 to produce stable outputs.

14 Sep 2021

UPDATE: Vietnam’s Nghi Son completed maintenance at PP plant

Demand in the local Vietnam market has yet to show any strong improvement as the country extended the strict movement restrictions until the end of September to curb the COVID-19 infection spread.

08 Sep 2021

Vietnam’s PET and PS producer suspend production on strict lockdown

It is reported that two Vietnamese petrochemical producers have suspended productions since August as the strict movement restrictions causing a significant drop in local demand

06 Sep 2021

South Korea’s Hyosung shut Ulsan plant after fire

The authorities ordered the company to stop all manufacturing processes and discharge residual gas for safety precaution.

06 Sep 2021

China's Datang shuts PP plant on coal consumption control

High energy consumption companies within the region are ordered to temporarily shut down as not to affect the year-end target.

02 Sep 2021

UPDATE: US producers might take weeks to restore productions after Hurricane Ida

As reported earlier, international trading houses and Asian suppliers are eyeing opportunities to direct cargoes to the US and Latin America region.

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