Oman’s OQ Chem shut PP plant on unexpected technical issue

14 Jan 2022 The PP plant consists of three production lines with a combined capacity of 300,000 tons/year would remain shut for two weeks.

13 Jan 2022

South Korea’s KPIC to cut operating rates at Onsan cracker on negative margins

KPIC is not the only South Korean producer that announced operating rate cuts due to negative margins. Earlier this week, LG Chem decided to lower run rates at three of its steam crackers to 80% throughout January.

12 Jan 2022

Thailand’s IRPC to carry out brief maintenance at PP plant in March

The company has been limiting spot selling to build up inventory ahead of the shutdown.

12 Jan 2022

Fire broke out at South Korea’s SK Energy refinery complex

According to CommoPlast data, SK Energy owns two steam crackers at the same locations, which operating status are unclear at the time of this report.

10 Jan 2022

Taiwan’s CPC postponed restart at Liyuan cracker

The cracker was taken off-stream on 8 November 2021 for scheduled maintenance. The producer initially planned to bring the unit online on 6 January 2022

10 Jan 2022

South Korea’s LG Chem lower steam crackers run rates on thin margins

All three crackers with a combined capacity of 3.25 million tons of ethylene and 1.48 million tons of propylene would operate at reduced rates throughout the month of January.

07 Jan 2022

South Korea’s Hanwha cut operating rates at SM, PE plant on negative margins

The producer has yet to set the date to restore normal run rates at the SM and PE units.

05 Jan 2022

UPDATE: Vietnam’s Hyosung plans to restart PP plant in the coming week

The No. 1 PP line reportedly operating at normal rates; however, the outputs are used to fulfil the delivery obligations, hence the producer has yet to open any spot offer to both local and international markets.

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