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Sources: Shintech stabilizes operations at new PVC plant in Louisiana, USA
20 Dec 2024 Shintech, a subsidiary of Shin-Etsu Chemical and the world’s largest producer of PVC, has announced the commencement of commercial production at its newly established PVC plant in Plaquemine, Louisiana, USA. The facility is expected to reach full operational capacity by the end of the month.
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17 Dec 2024 PPH Inj PPH Raf

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Update: Maintenance shutdown schedules at Chinese PP plants in 1Q2025

The cumulative production loss of 112,424 tons represents a moderate reduction relative to China's average monthly PP production capacity. Market participants remain unconcerned over these overhauls, citing two key mitigating factors:
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17 Dec 2024

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Shandong Yulong launches trial production at new petrochemical complex in Yantai, China

Shandong Yulong Petrochemical has initiated trial production at parts of its newly constructed petrochemical complex in Yantai City, Shandong Province, China, marking the operational debut of the Phase I grassroots integrated project after four years of development.
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13 Dec 2024

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Malaysia’s Lotte Titan to shut No. 1 naphtha cracker amid margin pressures

Lotte Chemical Titan announced on 13 December 2024 that it will temporarily shut down its No. 1 naphtha cracker due to severe margin erosion amid a prolonged downturn in the petrochemical industry.
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11 Dec 2024

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Vietnam’s Hyosung Vina Chemical to shut PP plants for maintenance in early 2025

This development comes amid a wave of planned shutdowns across Southeast Asia in early 2025. Other significant facilities set to go offline include Long Son Petrochemical and JG Summit Petrochemical.
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04 Dec 2024

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South Korea’s Lotte Chemical suspends key Yeosu operations amid financial struggles

This move is part of a broader strategy to mitigate financial losses. In the third quarter of 2024 alone, the company reported an operating loss of 413.6 billion won, bringing total operating losses for the year to 660 billion won.
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04 Dec 2024

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Inner Mongolia Baofeng hits snag in launching new PP, PE plants in China

Inner Mongolia Baofeng Coal-Based New Materials has temporarily halted operations at its newly constructed coal-based PP and PE plants due to technical setbacks encountered during the initial startup phase.
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04 Dec 2024

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China’s Tianjin Bohua to commence operations at new vinyl plants in 2H2025

The CNY 6 billion project also incorporates advanced features, including a dedicated laboratory and an in-house fire control system, underscoring the company’s commitment to safety and innovation.
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