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Markets Polymers Standard Thermoplastics

PETROCHEMICAL MARKETS PET, PTA: Fire closes Indorama plants in Spain	03.01.2023
OMV Adnoc to take Mubadala's 25% stake in Austrian petchem firm / Move increases ownership in Borealis, Borouge	02.01.2023
PEARL Arab PU, PET producer plans to expand export business to Europe, Asia	23.12.2022
KAZAKHSTAN Chevron Phillips to provide tech for KazMunayGaz PE plant / Plans for 1.25 mn t/y with HDPE / Concerns over possible sanctions against Sibur	20.12.2022
PETROCHEMICAL MARKETS Polyolefins: Fire at Versalis' cracker in France / Downstream plants shut down	15.12.2022
EXXONMOBIL Startup of 450,000 t/y PP plant on US Gulf Coast / Additional supply meets weak market demand	13.12.2022
RUSSIA EU sanctions on Moscow's crude oil exports, price cap come into force / Domestic PP demand at record lows / Southeast Asian imports flood the market	06.12.2022
INEOS STYROLUTION Deal with South Korean SK picglobal for the supply of mass-balance styrene	30.11.2022
KAZAKHSTAN KazMunayGaz starts up 500,000 t/y PP complex / Construction of cracker, butadiene plant / PE production planned	23.11.2022
CHEVRON PHILLIPS JV with Qatar Energy finalises plans for Texas complex / Ethane cracker and two PE plants due to start up in 2026	23.11.2022
BENVIC Luxembourg's ICIG buys PVC compounder	23.11.2022
RUSSIA Drop in Chinese imports worries Russian firms / Russia-Turkey trade perks up / Crises in related industries hinders domestic production	21.11.2022
ADNOC Plans for UAE petchem complex now include cracker, polyolefin plants	16.11.2022
POLYPROPYLENE China's Heilongjiang Zhongfei plans capacity of 600,000 t/y / PDH unit to drive imports of Russian C3	14.11.2022
CORRECTION - POLYPROPYLENE China to become a net exporter in two to three years / Borealis to not build plant in Belgium	10.11.2022
MERAXIS / CLICKPLASTICS Cooperation in digital sales / Focus initially on Austria and other selected markets	09.11.2022
INEOS Letter of intent for German pyrolysis plant for plastics waste / Tests with partner Plastic Energy complete	04.11.2022
BELARUS Ukraine war slams refining industry / Uncertainty for major resin plants / Information blackout since February	31.10.2022
INDORAMA PET recycling plant opens in Philippines / Partnership with Coca-Cola unit / Investment of over EUR 39 mn	28.10.2022
ASCHEM K 2022: Expansion of polystyrene capacity in Turkey / Additional volumes for European exports	25.10.2022
CHINA Massive VCM capacity expansions coming online up to 2025	24.10.2022
INEOS Polyolefin giant spends millions converting Antwerp facility	24.10.2022
PVC INDUSTRY Converters hard hit by high prices, supply chain problems / Sector worst affected by forces majeures / Ccurrent utilisation rates in Europe only at about 76%	20.10.2022
BOROUGE LDPE plant out since Q2 to be back up by year-end – source	20.10.2022
PETROCHEMICAL MARKETS PET: Indorama declares force majeure at Dutch site / Cheap imports could cause further plant shutdowns	18.10.2022

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