Asian ethylene and polyethylene spot prices surged in August due to rising upstream costs, though regional spreads diverged with Southeast Asia outperforming China amid stagnant downstream demand.
chemweek · 2026-08-31 15:50
Asia's petrochemical supply tightens due to feedstock disruptions and cracker pressures, raising prices despite weak downstream demand linked to geopolitical uncertainty. Analysts project rising ethyl
icis · 2026-08-13 00:00
OMV AG raised its 2026 European olefin margin forecasts after Q2 chemical earnings doubled due to record-high prices caused by Middle East supply constraints. Ethylene margins are now expected above €
chemweek · 2026-08-01 23:44
Enterprise Products Partners reported record Q2 volumes and a constructive outlook for ethane and ethylene demand driven by exports. Although PDH outages briefly spiked propylene prices, operations ha
chemweek · 2026-08-01 19:18
US spot petrochemical prices softened as geopolitical risk premiums faded, with ethylene down 4.1% and propylene plunging 9.8%, though Gulf Coast outages limited further declines.
bloomberg · 2026-06-15 11:24
CPMA reports at APIC 26 that India's petrochemical market reached $300B, driven by 7.4% GDP growth and US tariff reductions, with ethylene capacity set to exceed 9.5 million tonnes by 2027.
icis · 2026-05-29 00:00
Aster Chemicals & Energy has made a final investment decision to expand its Singapore ethylene export capacity by $80 million. The project aims to double export capabilities by 2027, strengthening the
ccin · 2026-05-22 00:00
Aster Chemicals & Energy has approved an $80 million project to double ethylene export capacity at its Singapore facility by 2027. The expansion strengthens integration with Chandra Asri’s Indonesian
icis · 2026-05-19 00:00
Asia petrochemical prices fall due to weak demand and lower crude costs, causing an ethylene and propylene supply glut. ICIS forecasts continued downward pressure on polyolefins through 2026 contingen
icis · 2026-05-12 00:00
ICIS reports European petrochemical prices surged in April due to Middle East conflicts and soaring energy costs, with core feedstocks like ethylene and propylene hitting multi-year highs alongside po
ccin · 2026-04-28 00:00
China's chemical exports surged in March due to high domestic capacity and Middle East supply disruptions. Key products like ethylene, methanol, and PVC saw significant growth driven by arbitrage marg
icis · 2026-04-28 00:00
Strait of Hormuz conflict causes severe Asian ethylene supply shortages, pushing CFR Northeast Asia prices up 80% to $1,450/ton. Korean and Japanese producers cut capacity, signaling long-term shifts
ccin · 2026-04-22 00:00
Effective April 15, South Korea prohibits hoarding of seven petrochemical raw materials like ethylene and propylene amid Middle East conflict-induced supply shortages. Inventory limits are capped at 8
ccin · 2026-04-17 00:00
European ethylene contract prices hit a record €1,595/tonne in April, rising €450/tonne due to Middle East conflict-driven feedstock and energy costs. This follows negative cracker margins in March am
icis · 2026-03-31 00:00
ICIS reports 90% of major European petrochemical products will rise in March amid Middle East conflict-driven cost increases. Core feedstocks like ethylene and propylene saw contract hikes of 35-55 EU
ccin · 2026-03-25 00:00
Major South Korean petrochemical firms submitted a restructuring plan on March 20 to optimize ethylene capacity via asset integration and closing idle units, aiming to reduce national capacity by 3.7
ccin · 2026-03-25 00:00
Asian ethylene prices hit an all-time high due to geopolitical tensions tightening feedstocks and raising upstream costs. The event signals critical supply constraints affecting the regional petrochem
chemweek · 2026-03-23 17:07
Borouge has initiated pre-FEED for EU3 ethane cracker expansion and expects to award EPC for a 230,000-mt/year EU2 capacity hike later this year.
chemweek · 2026-02-10 20:50