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Markets
Standard Thermoplastics
Polyolefins
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
CORRECTION - PETROCHEMICAL MARKETS
Polypropylene: Just a fire drill at French TotalEnergies site / Polymerisation still down
19.09.2022
RUSSIA
Low demand slows polyolefin output / Lack of Western tech hurts resin makers / Price caps coming?
19.09.2022
PETROCHEMICAL MARKETS
Polypropylene: Borealis reports slight restrictions at German site
15.09.2022
RECYCLING EUROPE
Money tight as orders dissipate / Companies shutter plants / Pressure from waste side
12.09.2022
POLYOLEFINS
Resin producers want to retain part of decreased raw materials costs / LyondellBasell plans “fair” energy surcharge to slow down polymer price drop / More reports of shutdowns
08.09.2022
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