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INEOS and Sinopec sign shareholder agreement for Tianjin ABS plant

Guangzhou (JLC), September 8, 2023 – Sinopec and INEOS signed a shareholder agreement on August 30 for the formation of a 50:50 joint venture to build a 300,000 mt/yr ABS plant in Tianjin.

09-08-2023 16:02:32

BOPP tape jumbo roll plants suffer poor profit on oversupply

It is predicted that BOPP tape jumbo roll prices will go range-bound in the near future

11-30-2022 16:14:09

China PBAT capacity expansion plan in 2022-2023

There will be 18 PBAT units to go into operation in the future, with corresponding capacity increases totaling 1.66 million mt/yr, though the specific start dates of some new units are undetermined.

11-29-2022 18:43:14

Sinochem Quanzhou plans to expand EVA capacity to 140,000 mt/yr

Shandong (JLC), October 13, 2022--Sinchem Quanzhou Petrochemical plans to expand its 100,000 mt/yr EVA unit to 140,000 mt/yr, according to a notice published on the company’s website on October 8.

10-13-2022 15:11:11

Operating rate of EVA plants hits record on high margins

Shandong (JLC), September 16, 2022---The operating rate of EVA plants hit a record in August amid high margins.

09-17-2022 16:46:00

Sichuan and Chongqing shut plastic plants on power shortage

The operation of plastic plants as well as other plants in Sichuan province and Chongqing City has been largely suspended amid power rationing, as power supply has been tightened by drought.

08-18-2022 17:51:16

China's PE plants suffer pressure of pandemic, high cost

In March, the pandemic pressure and geopolitical tension made China PE market enter a stalemate with strong cost-side support but weak demand. The market was filled with cautious sentiments.

03-22-2022 18:21:39

N China-based PE plants cut operating rates on losses

Many PE plants cut operating rates or shut units down in North China, as the high crude price squeezed their profits, or even made PE plants run at a loss.

03-16-2022 17:03:43

Chinese PE unit maintenance plan list in H2

Shandong (JLC), July 27, 2021--The capacity of PE unit that will undergo turnarounds in the second quarter will total 1.81 million mt/yr, with LDPE capacity at 690,000 mt/yr, HDPE capacity at 850,000 mt/yr and FDPE capacity at 270,000 mt/yr respectively.

07-27-2021 16:51:52

Hydrogenated benzene plants enjoy good profit on low operating rate

The profit of China’s hydrogenated benzene plants increased in current days and the theoretical profits were in the range of CNY500-700/mt. But the prices trend was in a stalemate in current days.

03-17-2021 14:49:25

China's PE unit shutdown plans in 2021

Some PE producers published maintenance schedule for the first quarter and second quarter.

02-26-2021 17:12:31

China’s recycled PE producers, traders issue recovery plans

Domestic recycled PE producers are expected to resume production in end-February or early March, and traders who mainly imported cargoes will resume work in late February.

02-09-2021 15:53:50

Four new ECH plants to come online in 2021

China will put four new epichlorohydrin (ECH) plants into production in 2021, which will result in overcapacity in China ECH industry, according to JLC.

01-25-2021 10:41:36

PP powder inventory in plants picks up

PP powder inventory in plants is expected to pick up after the National Day holiday (October 1-8). However, considering the pre-sales factor and the influence of the low inventory of some plants, the increase in plant inventory is limited, which is far less than that in Sinopec and PetroChina.

10-09-2020 17:28:47

China PP unit maintenance plans in Oct

China’s PP output loss caused by the maintenance is estimated to be around 84,000 mt/yr in October 2020.

09-24-2020 17:33:08

China PP unit maintenance plans

It is predicted that the production loss of PP in July will be 0.22 million mt, which will be slightly lower than the 0.2846 million mt in June.

06-28-2020 17:05:50

China PE maintenance plan in future

China PE supply is expected to decline in the future.

04-30-2020 10:07:14

Operating rates of PP powder plants hit new low

The operating rate of PP powder producers hit a new low of 36% in two years.

03-18-2020 11:02:56

Operating rates of PP plants increase

The operating rates of PP plants kept increasing, amid the improving control of the novel coronavirus pneumonia (NCP) and the macro support, as well as the local governments’ policies for encouraging the restart of production and operation. Moreover, PP market prices once rebounded accordingly.

03-11-2020 17:32:57

Operating rates of PE plants increased amid more orders

After the Spring Festival holiday, the falling PP prices spurred the restocking activities, and this led to declines in PP inventories. The PP prices rebounded from the bottom level and operating rates of PP units increased amid stronger demand.

02-22-2020 21:58:19

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