Aug 08, 2026 2:17 p.m.
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NSRP declares force majeure on PP through Q2 amid searing feedstock crisis and fuel mandate
02 Apr 2026 Vietnam’s NSRP has declared force majeure on all Q2 PP output, sacrificing high-margin petrochemicals to prioritize emergency domestic fuel production amidst a critical Middle East feedstock shock.
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24 Mar 2026 Naphtha

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South Korea’s LG Chem halted Yeosu cracker as Hormuz disruption chokes naphtha supply

The move underscores a growing reality across South Korea’s petrochemical landscape, where producers are increasingly forced to idle naphtha cracking capacity.
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05 Mar 2026

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South Korea’s Lotte Chemical advances Yeosu turnaround, adds Daesan shutdown amid feedstock disruption

Lotte Chemical Corporation has brought forward the maintenance turnaround at its Yeosu petrochemical complex and expanded the overhaul to include its Daesan facility
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05 Mar 2026

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Chinese petchem plants trim rates as Hormuz disruption chokes feedstock supply

Chinese polyolefin producers have begun curbing operating rates, cutting output across 8.82 million tons/year of combined PP and PE capacity as escalating Middle East tensions ripple through feedstock markets
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02 Mar 2026

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Coordinated PDH outages reshape China propylene–PP fundamentals

The escalation of US–Iran tensions and the effective closure of the Strait of Hormuz introduce a new layer of risk
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27 Feb 2026

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Taiyo Vinyl initiates scheduled maintenance at flagship Yokkaichi PVC plant, tightening regional supply

Japan’s Taiyo Vinyl Corporation has officially commenced a scheduled maintenance turnaround at its major polyvinyl chloride (PVC) plant located in Yokkaichi, Mie Prefecture.
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27 Feb 2026

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South Korea executes landmark petrochemical consolidation; Lotte and HD Hyundai merge Daesan operations as 1.1M-ton NCC idles

South Korea’s Ministry of Trade, Industry and Energy has approved the country’s first major petrochemical restructuring project.
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27 Feb 2026

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PRefChem tactically idles SPZ PP unit to capture propylene export margins amid polyolefin recalibration

The producer is prioritising monomer export opportunities and selectively allocating feedstock to polymer units where returns are strongest.
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