The path forward for the petrochemical industry will require not only adept navigation of market complexities but also a steadfast commitment to fostering innovation and sustainable practices. It is our hope that this publication inspires fresh thinking, strengthens your competitive advantage, and supports your efforts to thrive in this ever-evolving sector.
Notably, Shandong Yulong Petrochemical entered the international market for the first time since commissioning three PP production lines with a combined annual capacity of 1.1 million tons in December 2024.
As previously reported, overseas suppliers, particularly from the Middle East, are prioritising allocations to the Indian market, where demand is stronger and margins are more attractive. Given that the Saudi producer has successfully concluded deals
The PVC market in Indonesia typically experiences a slowdown during Ramadan, primarily due to reduced demand from the construction sector. In line with other Muslim-majority markets, Indonesia will observe Ramadan from 28 February to approximately 30 March,