China's Sinopec Shanghai Petrochemical shuts plants after an explosion

18 Jun 2022 The incident took place at the No. 2 monoethylene-glycol (MEG) plant that produces 380,000 tons/year; however, relevant authorities are investigating the cause of the event.

13 Jun 2022

Iran’s BCCO shut PE plants following electricity supply shortages

Late last week, the government has also shortened the working hours at government agencies to reduce the electricity consumption.

08 Jun 2022

A fire forced Sinopec Maoming to shut several PP, and PE lines in China

The producer has not confirmed the extent of the damage at the time of this report, however, sources told CommoPlast that the incidence is not serious, and the plants might be able to resume operating within a week.

06 Jun 2022

UPDATE: Vietnam’s Hyosung to restart PP plant in June

Meanwhile, the upstream 600,000 tons/year PDH plant is scheduled to come online in July. Once the operation is stabilised, Hyosung would be able to operate both the PP plants using internal feeds.

25 May 2022

UPDATE: South Korea’s S-Oil restarted the RFCC unit after the explosion

According to market sources, S-Oil Corporation has brought the residual fluidization catalytic cracking plant (RFCC) online on 24 May 2022

24 May 2022

South Korea’s UPP shut PP plant amid negative margins

The uptick in replenishment activities in the previous week sparked expectations that the market might have reached the cyclical bottom, but prices continue to struggle to rebound.

20 May 2022

Explosion at South Korea’s S-Oil plant

Market sources said that the explosion did not cause any physical damage to the downstream polyolefins plants at the adjacent location but might result in a temporary feedstock supply disruption.

12 May 2022

Malaysia’s PrefChem successfully restarted the refinery, downstream plants followed suit

Media reports added that the refinery is currently processing the existing crude from the storage tank and will then receive supply from Saudi Aramco.

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