South Korea’s Hyundai to shut down, provoked by poor market

10 Jan 2023 Despite the lack of details on the shutdown, other suppliers started to introduce fresh hikes on PP and PE prices, taking into account the tightening supply outlook.

03 Jan 2023

Vietnam’s Nghi Son shut PP plant after technical issues

The maker reported having sold out January allocations since mid-December 2022 thanks to the strong replenishment activities in China and South Asia.

03 Jan 2023

Malaysia’s PrefChem started up PP unit; PE lines to come online within days

According to market sources, Malaysia’s PrefChem has successfully started up its PP line after being taken off-stream in late October 2022 due to a fire incident at an interconnecting pipe at the adjacent refinery complex.

26 Dec 2022

China to welcome four new PP plants in Q1-2023

With the new capacities coming online and the softening consumption growth, Chinese suppliers might be more active in exploring the export market.

13 Dec 2022

Thailand’s IRPC planned the second phase of major maintenance in February 2023

IRPC has just completed the first phase of turnaround from late September to December 2022.

09 Dec 2022

UPDATE: Vietnam’s Nghi Son restored normal operating rates after an electrical issue

According to sources close to the company, Nghi Son Refinery and Petrochemical has restored normal operating rates at its PP unit following an electrical issue last week

06 Dec 2022

China to expect three new PVC plants before January 2023

Chinese market participants are monitoring the start-up process at these new lines, expecting commercial productions to begin as soon as after the Lunar New Year holiday.

05 Dec 2022

Malaysia’s PrefChem restarted the cracker, downstream units are scheduled to come back in Q1-2023

According to market sources, Malaysia’s PrefChem has restarted its 1.2 million tons/year naphtha cracker in the southern state of Johor

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