China’s Hengli Petrochemical to shut two PP units for turnaround in April

19 Mar 2025 Hengli Petrochemical is preparing for a major maintenance shutdown of two PP production lines at its Dalian complex in April, according to market sources. This planned turnaround aligns with a broader wave of scheduled maintenance

18 Mar 2025

China’s Zhongjing Petrochemical shuts PP plants unexpectedly over technical issues

Zhongjing Petrochemical encountered unexpected technical issues, leading to the shutdown of four PP production lines in Fujian, China, late last week, according to market sources. Restoration efforts are underway, though delays are anticipated.

17 Mar 2025

Indonesia’s Lotte Chemical Titan set to launch new cracker in May

The mixed-feed cracker, designed to process both naphtha and LPG, is a key component of the Lotte Chemical Indonesia New Ethylene (LINE) Project. It boasts a production capacity of 1 million tons/year of ethylene

14 Mar 2025

China’s Inner Mongolia Baofeng III started up No.3 HDPE/LLDPE swing unit

Market participants are closely monitoring the company’s decision to prioritise LLDPE over HDPE at startup, given the continued weakness in China’s domestic LLDPE market. Concerns over capacity expansions have persisted since December 2024,

12 Mar 2025

Thailand’s Vinylthai to start up new PVC unit by mid-2025

The Asian PVC market has been navigating strong headwinds in recent months, driven by abundant supply—particularly from China—and sluggish demand amid broader macroeconomic challenges.

12 Mar 2025

China’s Zhejiang Petrochemical unexpectedly shut part of the PP plant

China’s Zhejiang Petrochemical Co Ltd (ZPC) has declared an emergency shutdown of one of its polypropylene (PP) production lines due to an unspecified technical issue, according to market sources.

11 Mar 2025

South Korea’s Lotte Chemical restarted the Daesan plant following February outage

Despite the restart, supply chain disruptions are expected to persist. The company may face challenges in meeting delivery commitments for previously sold cargoes, raising concerns among buyers.

05 Mar 2025 SPVC k67-68 SPVC (A) k67-68

Chinese PVC market anticipates supply relief amid heavy maintenance season in March–April

This comes on top of several indefinite shutdowns driven by margin pressures, further tightening supply. While these maintenance activities may offer short-term support, the broader market continues to grapple with persistent demand weakness.

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