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BLOGS - ALL PRODUCT NEWS

SM prices tumble in Asia

On 02 Jan 2021 at 08:30 IST

This week, SM prices plunged in Asia. The sharp price drop was mainly on account of bearish buying sentiments in key markets like China, weaker upstream benzene values and ample product availability. FOB Korea SM prices were assessed at the USD 795-800/mt........
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Hyosung Corp to complete maintenance at PDH unit

On 02 Jan 2021 at 08:15 IST

Hyosung Corp, is in plans to bring on-stream its propane dehydrogenation (PDH) unit.A Polymerupdate source in South Korea informed that, the company is likely to resume operations at the unit on January 10, 2021. The unit was shut for maintenance on December........
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Ningxia Baofeng Energy shuts No.2 PP unit

On 29 Dec 2020 at 10:15 IST

Ningxia Baofeng Energy, has taken off-stream its No.2 polypropylene (PP) unit for a maintenance turnaround.A Polymerupdate source in China informed that, the company halted operations at the unit on December 27, 2020. Further details on duration of shutdown........
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Ethylene prices quote higher in Asia on Monday

On 29 Dec 2020 at 08:30 IST

On Monday, ethylene prices witnessed a rise in Asia. The price rise was prompted by firmer upstream crude and naphtha values and limited product avails.CFR North East Asia ethylene prices were assessed at the USD 990-995/mt levels, a gain of USD 10/mt from........
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Oriental Energy resumes production at PDH plant

On 28 Dec 2020 at 09:15 IST

Oriental Energy, has brought on-stream its propane dehydrogenation (PDH) plant following a turnaround.A Polymerupdate source in China informed that, the company resumed operations at the plant last week. The plant was shut for maintenance on November 28,........
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Benzene prices drop in Asia

On 28 Dec 2020 at 08:30 IST

Last week, Benzene prices slipped in Asia. The price fall was on the back of weaker upstream energy values coupled with dull regional demand trends. Bearish downstream SM rates further pulled prices lower in Asia.FOB Korea benzene prices were at the USD........
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Ethylene prices quote higher in Asia

On 26 Dec 2020 at 08:30 IST

This week, ethylene prices marched higher in Asia. The price rise was supported by firmer upstream naphtha values and limited product availability in the region.CFR South East Asia prices were assessed at the USD 915-920/mt levels, a rise of USD 20/mt from........
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Eneos to resume production at Kawasaki cracker

On 24 Dec 2020 at 09:15 IST

Eneos Corporation, is in plans to bring on-stream its cracker following maintenance work.A Polymerupdate source in Japan informed that, the company is likely to resume operations at the cracker on December 28, 2020. The cracker was shut for maintenance on........
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MEG prices bolster higher in Asia on Wednesday

On 24 Dec 2020 at 08:30 IST

On Wednesday, MEG prices leapt higher in Asia. The sharp price rise was supported by stronger regional demand trends and limited product availability in the region. A rise in MEG futures on the Dalian Commodity Exchange in China, further pushed prices higher........
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Hebei Haiwei resumes PP production

On 23 Dec 2020 at 08:40 IST

Hebei Haiwei Group, has restarted its Polypropylene (PP) plant following a turnaround.A Polymerupdate source in China informed that, the company resumed operations at the plant on December 22, 2020. The plant was shut for maintenance on December 10, 2020.........
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SM prices drift lower in Asia on Tuesday

On 23 Dec 2020 at 08:30 IST

On Tuesday, SM prices dropped in Asia. The price fall was supported by bearish upstream crude values and weaker benzene feedstock rates.Weaker regional demand trends, further pushed prices lower in Asia.FOB Korea SM prices were assessed at the USD 870-875/mt........
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Formosa Plastics halts production at Point Comfort cracker

On 22 Dec 2020 at 08:40 IST

Formosa Plastics, has taken off-stream its cracker last weekend.A Polymerupdate source in the US informed that, the company halted operations at the cracker on December 19, 2020. Further details on the duration of the planned shutdown could not be........
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Propylene prices down adjust in Asia on Monday

On 22 Dec 2020 at 08:30 IST

Propylene prices declined in Asia on Monday. The price fall was on the back of bearish demand trends in key markets like China and sufficient product availability in the region. A plunge in intraday trade in upstream crude and naphtha values on Monday further........
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Borouge shuts No. 1 & 2 PP units

On 21 Dec 2020 at 08:40 IST

Borouge, has taken off-stream its No. 1 & 2 polypropylene (PP) units for maintenance. A Polymerupdate source based in the Middle East informed that, the company halted operations at both the units in early-December, 2020. Further details on duration of the........
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Butadiene prices plunge in Asia

On 21 Dec 2020 at 08:30 IST

Last week, butadiene prices witnessed a steep drop in Asia. Prices tumbled, mainly on account of ample product availability in key markets like China and sluggish buying sentiments.On Friday, FOB Korea prices of butadiene were assessed at the USD........
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Hyosung Corp starts maintenance at its PDH unit

On 19 Dec 2020 at 08:40 IST

Hyosung Corp, has undertaken a planned shutdown at its propane dehydrogenation (PDH) unit.A Polymerupdate source in South Korea informed that, the company started a turnaround at the unit on December 17, 2020. The unit is expected to remain off-line till........
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Ethylene prices surge in Asia

On 19 Dec 2020 at 08:30 IST

This week, ethylene prices witnessed a sharp rise in Asia. Prices firmed, mainly on account of higher upstream crude and naphtha values, coupled with tight regional product availability.Reports of stronger buying sentiments in key markets like China, further........
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SM prices journey southwards in Asia on Thursday

On 18 Dec 2020 at 08:30 IST

SM prices drifted lower in Asia on Thursday. The sharp price fall was on the back of sufficient product availability coupled with weaker demand trends in key markets like China. A drop in upstream benzene values, further supported the price decline.FOB Korea........
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TPC Vina to resume production at No. 2 PVC unit

On 18 Dec 2020 at 08:30 IST

TPC Vina, is in plans to bring on-stream its No.2 polyvinyl chloride (PVC) unit following a planned outage.A Polymerupdate source in Vietnam informed that, the company is likely to resume operations at the plant by end-December, 2020. The unit was shut for........
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Shenhua Coal resumed production at PP plant

On 17 Dec 2020 at 08:40 IST

Shenhua Coal to Liquid and Chemical, has brought on-stream its Polypropylene (PP) unit following maintenance work.A Polymerupdate source in China informed that, the company resumed operations at the unit on December 15, 2020. The units was shut on December........
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MEG prices quote higher in Asia on Wednesday

On 17 Dec 2020 at 08:30 IST

On Wednesday, MEG prices were assessed higher in Asia. The price rise was supported by stronger upstream energy values and improved regional demand trends. A rise in MEG contract price nomination for the month of January, further pushed prices higher in........
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Sinopec Maoming plans maintenance at Guangdong Cracker

On 16 Dec 2020 at 08:40 IST

Sinopec Maoming Petrochemical, is in plans to undertake a planned shutdown at its cracker in Guangdong. A Polymerupdate source in China informed that, the company has scheduled a turnaround at the cracker in March 2021. The exact date and duration of shutdown........
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Propylene prices drift lower in Asia on Tuesday

On 16 Dec 2020 at 08:30 IST

Despite stronger upstream energy values, propylene prices drifted lower on Tuesday. The price fall was on the back of weaker buying sentiments in key markets like China.CFR China propylene prices were assessed at the USD 995-1000/mt levels, a fall of USD........
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SM prices gain in Asia on Monday

On 15 Dec 2020 at 08:30 IST

On Monday, SM prices witnessed a rise in Asia. The price gain was supported by stronger upstream crude values and gains recorded in benzene feedstock rates. FOB Korea SM prices were assessed at the USD 885-890/mt levels, a rise of USD 20/mt from last Friday's........
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Styrindo Monomer Indonesia resumes production at SM unit

On 14 Dec 2020 at 08:40 IST

Styrindo Monomer Indonesia (SMI), has brought on-stream its Styrene monomer (SM) unit in Merak.A Polymerupdate source in Indonesia informed that, the company recently resumed operations at the unit following an unplanned outage. The unit was shut owing to........
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Butadiene prices drift lower in Asia

On 14 Dec 2020 at 08:30 IST

Last week, butadiene prices drifted lower in Asia. Prices fell, mainly on account of dull buying sentiments coupled with improved product availability in the region, with the restart of Lotte Chemicals cracker in South Korea. On Friday, FOB Korea prices of........
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Shenhua Coal halts production at PP plant

On 12 Dec 2020 at 08:40 IST

Shenhua Coal to Liquid and Chemical, has taken off-stream its Polypropylene (PP) unit for maintenance work.A Polymerupdate source in China informed that, the company recently halted operations at the unit. Further details on the duration of the shutdown could........
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Ethylene prices drift lower in Asia

On 12 Dec 2020 at 08:30 IST

This week, despite stronger upstream crude and naphtha values, ethylene prices declined in Asia. The price fall was on the back of improved product availability in the region, with the restart of Lotte Chemicals cracker in South Korea.CFR South East Asia........
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LDPE prices firm up in Europe

On 11 Dec 2020 at 14:15 IST

This week, LDPE prices marched higher in Europe. The price rise was attributed to firm buying sentiments from the food and pharma sectors, coupled with persistent constrained product availability in the region.Bullish upstream ethylene values and strong........
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Hebei Haiwei starts maintenance at PP plant

On 11 Dec 2020 at 10:25 IST

Hebei Haiwei Group, has undertaken a planned shutdown at its Polypropylene (PP) plant.A Polymerupdate source in China informed that, the company has started turnaround at the plant on December 10, 2020. The exact duration of the planned shutdown could not be........
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