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                                  BLOGS - ALL PRODUCT NEWS

                                  Ethylene prices drift lower in Asia on Tuesday

                                  On 19 Aug 2020 at 08:30 IST

                                  Ethylene prices drifted lower in Asia on Tuesday. The sharp price fall was on the back of bearish regional demand trends and plentiful product availability. CFR South East Asia prices were down at the USD 665/mt levels, a sharp day on day fall of USD 25/mt.........
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                                  Mitsubishi Gas likely to start maintenance at MMA plant

                                  On 19 Aug 2020 at 08:10 IST

                                  Mitsubishi Gas Chemical Cos (MGC), is likely to take off-stream its methyl methacrylate (MMA) plant for a turnaround.A Polymerupdate source in Japan informed that, the company is likely to halt operations at the plant on August 24, 2020. The plant is expected........
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                                  Sinopec Qilu shuts LLDPE unit for unplanned maintenance

                                  On 18 Aug 2020 at 09:00 IST

                                  Sinopec Qilu Petrochemical, has undertaken an unplanned shutdown at its Linear low density polyethylene (LLDPE) unit in Shandong.A Polymerupdate source in China informed that, the company halted operations at the unit on August 11, 2020. Further details on........
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                                  Ethylene prices slip in Asia on Monday

                                  On 18 Aug 2020 at 08:30 IST

                                  On Monday, despite high upstream crude and naphtha values, ethylene prices dropped in Asia. The price fall was on the back of weaker demand trends in key markets like China and sufficient product availability.CFR North East Asia ethylene prices were assessed ........
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                                  PX prices rise 10-15$ in Asia

                                  On 17 Aug 2020 at 08:30 IST

                                  Last week, PX prices witnessed a gain in Asia. The price rise was mainly on account of higher upstream energy and Isomer MX values, coupled with improved regional demand trends.Stronger downstream PTA values, further supported the price rise.FOB Korea PX........
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                                  Sinopec Zhongyuan to resume production at cracker

                                  On 17 Aug 2020 at 08:20 IST

                                  Sinopec Zhongyuan Petrochemical, is in plans to bring on-stream its cracker following a maintenance turnaround.A Polymerupdate source in China informed that, the company is likely to resume operations at the cracker by mid-September, 2020. The cracker was........
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                                  Tokuyama to shut EDC plant for maintenance

                                  On 14 Aug 2020 at 08:50 IST

                                  Tokuyama Corp., is likely to halt operations at its ethylene dichloride (EDC) plant.A Polymerupdate source in Japan informed that, the company has planned to start maintenance at the plant on September 21, 2020. The plant is slated to remain shut for around........
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                                  MEG prices drift lower in Asia on Thursday

                                  On 14 Aug 2020 at 08:30 IST

                                  On Thursday, MEG prices witnessed a drop in Asia. The price fall was supported by plentiful regional product availability and weaker MEG futures on the Dalian Commodity Exchange in China. CFR China prices of MEG were assessed down at the USD 440/mt levels, a........
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                                  FPCC starts maintenance at Mailiao's No.3 cracker

                                  On 13 Aug 2020 at 08:50 IST

                                  Formosa Petrochemical Corporation (FPCC), has undertaken a planned shutdown at its No.3 cracker in Mailiao.A Polymerupdate source in Taiwan informed that, the company started maintenance at the cracker on August 11, 2020. The cracker is expected to remain........
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                                  SM prices drift lower in Asia on Wednesday

                                  On 13 Aug 2020 at 08:30 IST

                                  On Wednesday, SM prices drifted lower in Asia. The price fall was on the back of weaker upstream crude values on Tuesday, and bearish benzene feedstock rates.FOB Korea SM prices were assessed lower at the USD 635/mt levels, a fall of USD 15/mt from Tuesday's........
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                                  Sinopec Maoming resumes production at No.3 PP unit

                                  On 12 Aug 2020 at 08:50 IST

                                  Sinopec Maoming Petrochemical, has brought on-stream its No.3 polypropylene (PP) unit in Guangdong.A Polymerupdate source in China informed that the company resumed operations at its PP unit on August 11, 2020. The unit was shut for unplanned maintenance on........
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                                  SM prices climb in Asia on Tuesday

                                  On 12 Aug 2020 at 08:30 IST

                                  On Tuesday, SM prices gained in Asia. The price rise was on the back of stronger upstream crude and benzene values, coupled with improved regional buying sentiments.FOB Korea SM prices were assessed higher at the USD 650/mt levels, a rise of USD 10/mt from........
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                                  Crude oil prices gain on Monday

                                  On 11 Aug 2020 at 16:10 IST

                                  Let’s start with energy and feedstock news:Crude oil prices gained on Monday, following reports of an improvement in the Chinese factory data. Optimism over an agreement in the economic stimulus of the United States further supported the price rise. Brent........
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                                  Taekwang eyes maintenance at PDH plant

                                  On 11 Aug 2020 at 08:40 IST

                                  Taekwang Industrial, is in plans to shut its propane dehydrogenation (PDH) plant for a maintenance turnaround.A Polymerupdate source in Taiwan informed that, the company is likely commence turnaround at the plant in early-November, 2020. The plant is slated........
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                                  Propylene prices gain in Asia on Monday

                                  On 11 Aug 2020 at 08:30 IST

                                  Propylene prices climbed higher in Asia on Monday. The price rise was supported by stronger buying sentiments in key markets like China,coupled with higher upstream costs.CFR China propylene prices were assessed up at the USD 840/mt levels, a rise of USD........
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                                  Crude oil prices slip last Friday

                                  On 10 Aug 2020 at 16:55 IST

                                  Let’s start with energy and feedstock news:Crude oil prices slipped last Friday on concerns over a drop in demand for fuel amidst the resurgence of pandemic cases globally. Also, a delay in talks on a new stimulus deal in the United States, further supported........
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                                  Benzene prices decline in Asia

                                  On 10 Aug 2020 at 08:30 IST

                                  Last week, despite a week on week rise in upstream energy values, benzene prices slipped in Asia. Reports of weaker regional buying sentiments and a fall in downstream SM rates, together supported the price fall.On Friday, benzene prices were at the USD........
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                                  Elix Polymer' ABS plant likely to shut for maintenance

                                  On 10 Aug 2020 at 08:00 IST

                                  Elix Polymer is in plans to take off-stream its acrylonitrile-butadiene-styrene (ABS) plant for maintenance.A Polymerupdate source in Europe informed that the company has schedule to start turnaround at the plant by end-August, 2020. The plant is likely to........
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                                  Xuzhou Haitian to resume production at PP plant

                                  On 08 Aug 2020 at 08:40 IST

                                  Xuzhou Haitian, is likely to restart its polypropylene (PP) plant following a planned outage.A Polymerupdate source in China informed that, the company will resume operations at the plant on August 16, 2020. The plant was shut for maintenance on July 24, 2020........
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                                  Ethylene prices tumble in parts of Asia

                                  On 08 Aug 2020 at 08:30 IST

                                  Despite higher upstream crude and naphtha values, ethylene prices witnessed a sharp fall in some parts of Asia.CFR North East Asia ethylene prices were assessed lower at the USD 760/mt level, a tumble of USD 35/mt from the previous week. The steep price fall........
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                                  Propylene prices quote higher in Asia on Thursday

                                  On 07 Aug 2020 at 08:30 IST

                                  On Thursday, propylene prices gained in Asia. The price rise was on the back of improved demand trends in key markets like China, coupled with higher upstream costs.FOB Korea propylene prices were up at the USD 785/mt levels, a gain of USD 10/mt from........
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                                  Source comments on Eneos Corporation's FCC unit

                                  On 07 Aug 2020 at 08:20 IST

                                  Eneos Corporation (formerly known as JXTG Nippon Oil & Energy), has shut its fluid catalytic cracker (FCC) unit for an unplanned maintenance.A Polymerupdate source in Japan informed that, the company halted operations at the unit on July 28, 2020. The unit is........
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                                  Crude oil prices march higher in Asia on Wednesday

                                  On 06 Aug 2020 at 16:40 IST

                                  Let's start with energy and feedstock news:Crude oil prices climbed higher on Wednesday as the Energy Information Administration (EIA) reported a decline in the U.S crude oil inventories. Also, weakening of the US dollar, further supported the price rise.........
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                                  Shaanxi Yanchang Coal Yulin resumes production at PE units

                                  On 06 Aug 2020 at 08:50 IST

                                  Shaanxi Yanchang Coal Yulin Energy and Chemical Ltd, has brought on-stream its high density polyethylene (HDPE) and linear low density polyethylene (LLDPE) units following a turnaround.A Polymerupdate source in China informed that, the company resumed........
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                                  Ethylene prices drop in parts of Asia on Wednesday

                                  On 06 Aug 2020 at 08:30 IST

                                  Ethylene prices slipped in North East Asia on Wednesday. Prices fell, mainly on account of sluggish demand trends in key markets like China. CFR North East Asia ethylene prices were assessed lower at the USD 770/mt levels, a sharp day on day drop of USD........
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                                  PVC prices gain in Asia this week

                                  On 05 Aug 2020 at 15:55 IST

                                  Let's start with energy news:Crude oil prices marched higher on Tuesday, after the American Petroleum Institute (API) reported a crude oil inventory draw. Brent futures climbed higher by 28 cents settling at $44.43 per barrel, while WTI futures gained by 69........
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                                  SP Chemicals undertakes unplanned shutdown at SM plant

                                  On 05 Aug 2020 at 08:50 IST

                                  SP Chemicals, has taken off-stream its styrene monomer (SM) plant owing to technical issues.A Polymerupdate source in China informed that, the company halted operations at the plant on August 4, 2020. The plant is likely to restart on August 8, 2020.Located........
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                                  SM prices witness a fall in Asia on Tuesday

                                  On 05 Aug 2020 at 08:30 IST

                                  On Tuesday, SM prices were assessed lower in Asia. The price drop was on the back of weaker upstream benzene values and strong selling action witnessed in key markets like China.FOB Korea SM prices were assessed down at the USD 650/mt levels, a fall of USD........
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                                  Crude oil prices march higher on Monday

                                  On 04 Aug 2020 at 17:10 IST

                                  Let’s start with energy news:Crude oil prices rose on Monday following reports of positive economic data from the United States, Europe and Asia. Brent futures gained by 63 cents settling at $44.15 per barrel, while WTI futures climbed higher by74 cents........
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                                  Ningxia Baofeng Energy resumes production at MTO unit

                                  On 04 Aug 2020 at 08:40 IST

                                  Ningxia Baofeng Energy, has brought on-stream its (methanol-to-olefins) MTO unit following a maintenance turnaround.A Polymerupdate source in China informed that, the company resumed operations at the unit on August 2, 2020. The unit was shut for maintenance........
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                                  Global News provides coverage of the crude oil, naphtha and its downstream sectors polymers and with breaking news, polymer product news, plant updates and market commentary.

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