PetroChina

NEW at PIE: Spot and contract price reports for the precursor / Supply situation in Europe remains tight; prices likely to remain high / Numerous expansions planned in Asia

Grangemouth refinery to shut in Q2 2025 / Massive losses / Other petchem operations on-site unaffected

China to lead world's capacity additions / India another key contributor / Price pressure on the European market continues

Resin producer reportedly plans to close Scottish chemicals plant / 100 jobs at risk

LYB, Braskem respond to report on top producers of resins for single use / Indorama stays mum despite “positive outlier” rating / Most major firms decline comment

China standard thermoplastics November 2022: All types see a downtrend / Generally weak demand / Covid restrictions eased significantly / Uncertain outlook for the domestic economy

PE imports plunge in 2021 / Source countries little changed from 2020 / Decrease in dependence on foreign suppliers

Trial of Plastic Energy's process at Grangemouth refinery / Conversion of plastics waste into virgin-quality polymer / Tacoil as drop-in

Polypropylene prices surge on the back of demand for medical masks / Government intervention to control market

Coronavirus creates sharp rise in global demand of masks / PetroChina and 3M currently expanding production

Country's economic recovery from coronavirus epidemic not expected until mid-year / Automotive industry projects significant slump / European machinery companies are contemplating a two-year cycle for "Chinaplas"

US and China sign agreement in trade conflict / Import duties still in place

Construction of ethane cracker in Shaanxi province begins / Downstream PE totalling 800,000 t/y

Four crackers due to start up by 2021 / US tariffs impact ethane projects

Construction start for ethylene hub at Korla City / LyondellBasell licence

Polyethylene capacity continues to expand in 2019 / Potential to become world's top PE producer in two years

Natural gas shortage not affecting nation-wide MDI production / Adverse impacts from country's severe environmental-protection policy

Continuing global problems with isocyanate production / Repair of TDI line begins in Ludwigshafen / Go-ahead for medium-term MDI expansion in the US

New ROCG cracker at Jamnagar operational / New plants for MEG and PE

Gas shortage now nationwide / TDI and MDI prices driven up / Limited impact on plastics market / Nation-wide cutback on coal usage

MDI: BASF plant in China at standstill / Allocations via global network

MDI: BASF declares force majeure on production in China / Natural gas for operations is lacking / Duration not clear

China Standard Thermoplastics November 2017: Market prices of most polymers in China rise / Low inventory levels / LDPE and PVC are exceptions / Imported and domestic feedstock costs increase

China Engineering Thermoplastics January 2017: Major feedstock costs rise further on crude / Butadiene prices hit four-and-a-half-year high / Overall demand slows before Chinese New Year / Inventories at predicted levels / Positive outlook for February

China Engineering Thermoplastics December 2016: Feedstock import quotes soar / Butadiene goes through the roof / Domestic notations also rise / Polymer notations follow suit / Demand satisfactory amid tight inventories