Published on July 17, 2018
Japanese petrochemical firm Mitsui Chem will restart its steam cracker in the mid of August. Earlier the un it was shut down in June due to fire at a utility plant. The steam cracker is based at Osaka in Japan and has the production capacity of 500,000 mt/year of ethylene and 300,000 mt/year of propylene. ..
Published on July 16, 2018
South Korea based Hanwha Total is planning to increase its Olefins production capacity by the second quarter of 2019. The plan involves installing of a LPG-cracking unit to the naphtha-fed steam cracker, enabling it to raise olefins production capacity to 1.4 million mt/year of ethylene from 1.09 million mt/year currently, and propylene to 1.06 million mt/year from 930,000 mt/year. Before this plan the cracker unit will undergo maintenance for around 45 days. Hanwha Total is a 50:50 joint ventur ..
Published on July 14, 2018
Malaysia based Petronas Chemical has shut down its cracker unit for brief maintenance schedule. The unit was shut down in the first week of July and is likely to remain off-stream for around six weeks. The cracker is based at Kateh in Malaysia and has the manufacturing capacity of 4,00,000 mt/year. ..
Published on July 13, 2018
In the latest round of tariffs imposed by US on China will include many petrochemical products. The list of $200 billion in Chinese goods disclosed this week would be subject to a 10% tariff if implemented amid growing trade tensions between the US and China. Last Friday, the US implemented $34 billion in tariffs on Chinese goods, and China retaliated with the same value of taxes on US imports, largely agricultural crops and automobiles. The $200 billion list includes ethylene, propylene, butadi ..
Published on July 12, 2018
Formosa Plastics Corporation (FPC) has completed maintenance of its EDC unit by this week. Earlier the unit was shut down in mid of June. The unit will resume its production by next week. Unit is based at Mailiao in Taiwan and has the manufacturing capacity of 1.65 mln mt/yea. ..
Published on July 10, 2018
China based Jiangsu Sailboat Petrochemical is planning to shut down its Methanol-to-Olefins unit for maintenance on 20th July 2018. Jiangsu Sailboat Petrochemical is also known as Jaingsu Shenghong. China based unit has the manufacturing has a production cap city of Ethylene around 3,15,000 mt/year and Propylene around 4,00,000 mt/year. ..
Published on July 9, 2018
Presently domestic methanol market is moving with soft velocity on account of this no major deals and discussion has been heard. Today, methanol prices were evaluated at Rs 33.5/kg for Kandla and Rs 32.5/kg for Mumbai ports of India. Prices have plunged by Rs 0.50/kg in compare to last assessed prices. While in international market prices have increased, CFR India prices were assessed in the range of USD 382/MTS prices have increased by USD 2/MTS and CFR China prices were assessed at USD 395/MT ..
Published on July 6, 2018
China's Fujian Gulei Petrochemical plans to startup a new 600,000mt/year ethylbenzene-based styrene monomer plant at Zhangzhou city in 2020. The SM plant will be part of the Gulei Refining Integrated Project, anintegrated refinery and petrochemical complex, Badger said in a statement. The SM plant will be located at the Gulei Economic DevelopmentZone, in Zhangzhou city, Fujian province of China. Badger has recently been awarded several SM plant contracts in China,including Zhejiang Petroleum ..
Published on July 5, 2018
Melamine prices in China market will remain soft as demand sentiments has been bearish while supply is anticipated to go up in market in the next few months. Melamine Offers by producers have already been decreased to stimulate demand, but prospects of a near-term recovery are wiry. In the first week of July, China-origin melamine cargoes were sold around mid $1,100/tonne, on a FOB (free-on-board) basis for July or early August lifting from China. ..
Published on July 4, 2018
ACN unit has been shut down by Jiangsu Sailboat Petrochemical for maintenance turnaround. The unit is based at Lianyungang in China and has the manufacturing capacity of 2,60,000 mt/year. ..
