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Markets Standard Thermoplastics Polyolefins

ECI / REPSOL Two major EVA plants to be built in China / Facilities likely part of large-scale complex in Qinzhou	22.02.2023
ENVIRONMENTAL ACTION USA Two groups plan to file lawsuit against Shell / Activists claim US plant violated pollution rules	14.02.2023
BRASKEM Plans to study bio-based PP production in the US	24.01.2023
PKN ORLEN Takeover of LDPE ops from JV complete / Deal makes firm sole Polish producer of the resin	12.01.2023
CHEVRON PHILLIPS Technip Energies awarded Golden Triangle furnace contract / 2 mn t/y cracker in Texas	09.01.2023
OMV Adnoc to take Mubadala's 25% stake in Austrian petchem firm / Move increases ownership in Borealis, Borouge	02.01.2023
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
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
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
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
INEOS Polyolefin giant spends millions converting Antwerp facility	24.10.2022
BOROUGE LDPE plant out since Q2 to be back up by year-end – source	20.10.2022
REPSOL Spanish energy giant takes stake in recycling collaboration partner	17.10.2022
PETROCHEMICAL MARKETS Polypropylene: TotalEnergies declares force majeure on Belgian outages / CGT trade union wants to extend French strike / End of the downward price spiral expected	14.10.2022
RUSSIA EU sanctions on feedstocks, resins slash Russian production / Industry source says half of methanol capacity offline / Logistics issues, discounts slow exports to Asia	13.10.2022
PETROCHEMICAL MARKETS Polyolefins, polystyrene: TotalEnergies and ExxonMobil under heavy pressure / Tentative attempts at a rapprochement in France / Supply disruptions looming	11.10.2022
PLASTICS PRODUCTION Resin makers struggle with shrinking margins / PVC producers still comfortable / Styrenics under severe pressure	04.10.2022
LYONDELLBASELL Lupotech process licensed to PKN Orlen / New 250,000 t/y LDPE plant	04.10.2022
LYONDELLBASELL French cracker to first restart in early 2023	29.09.2022
SABIC Nexlene JV to expand polyolefin materials plant in South Korea	28.09.2022

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