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  • Plant News As On 13-08-2020 keyboard_arrow_down
    ? Huizhou MMA Co. took off its Methyl Methacrylate plant.
    As per the sources, company held the operations at the plant on 10 August 2020. The plant is likely to stay under maintenance for about a month.
    The MMA plant is placed at Huizhou, China, having a production capacity of 90,000 mt/year.

    ? Yankuang Cathay Coal Chemicals began its No. 1 & No. 2 Acetic Acid units following an unplanned outage.
    Sources say the company restarted the operations at the units on 12 August 2020. The units were pulled up for an unplanned maintenance on 9 August 2020.
    The No. 1 & No. 2 Acetic Acid units are located in Tengzhou City, Shandong province of China and having a production capacity of 450,000 mt/year each.
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  • Plant News As On 08-08-2020 keyboard_arrow_down
    ? Nan Ya Plastics is about to take its No. 4 MEG unit offline for a maintenance turnaround.
    As per the sources, the company has planned to place the unit on hold in mid-September 2020. The unit is forced to stay under maintenance for about a month.
    The No. 4 MEG unit has a production capacity of 720,000 mt/year. Located in Mailiao, Taiwan.

    ? Sinopec Maoming Petrochemical brings its No. 3 Polypropylene unit on-stream in Guangdong.
    Sources say the company initiated the operations at its PP unit on 11 August 2020. The unit was pulled up for maintenance on 27 July 2020.
    The No. 3 PP unit has a capacity of 200,000 mt/year. Located in Guangdong, China.
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  • MMA & Methanol Plant News keyboard_arrow_down
    Jilin Petrochemical took off its No. 2 Methyl Methacrylate unit for unplanned maintenance.
    As per the sources, company held the operations at the unit on 5 August 2020. Further details on the period of the shutdown are been undisclosed.
    The No. 2 MMA unit is located in Jilin, China, having a production capacity of 50,000 mt/year.

    Metor plans to bring its No. 1 and No. 2 Methanol unit on-stream in Jose.
    Sources say the company will likely continue the production process at the units on 18 August 2020. The units were put on hold for maintenance on 1 August 2020.
    The Methanol units are placed in Jose, Venezuela, the No. 1 methanol unit has a production capacity of 830,000 mt/year and No. 2 methanol unit of 850,000 mt/year.
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  • Methanol & MEG Plant News keyboard_arrow_down
    💧 Shilin Chemical has seized its Methanol plant for a maintenance turnaround.
    As per the sources, the company took on a planned shutdown at the plant on 3 August 2020. The plant is expected to stay off for about a month.
    The Methanol plant is established at Erdos in Inner Mongolia, having a production capacity of 300,000 mt/year.

    💧 CNSG Hongsifang Co. Shuts its Monoethylene Glycol unit owing to technical issues.
    Sources say the company held the operations at the unit on 2 August 2020. The unit is expected to restart by 21 August 2020.
    The MEG unit is placed at Hefei in Anhui, China, the MEG unit has a production capacity of 300,000 mt/year.
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  • Govt. Considering Hike In API Import Duties keyboard_arrow_down
    The government is progressively increasing the import duty on active pharmaceutical ingredients (APIs) to 20-25% from the current 10%, to help boost local manufacturing of the bulk drugs. India imports 70% of the APIs used by its drug makers from China.- Among the major players likely to be benefit – Granules India, Sun Pharma, Aurobindo Pharma, Ajanta Pharma, Lasa Superagencies, Gujarat Themis, Solara Active Pharma, Lactose (India), Wanbury India, Strides, Indoco Remedies, Sequent Scientific, IOL Chemical, JB Chemical. Login to Read More
  • Basic Price Change As On 01-08-2020 keyboard_arrow_down
    Reliance

    MEG Basic Price Increased By ₹0.60/Kgs , New Basic Price Is ₹41.10/Kgs+GST
    DEG Basic Price Increased By ₹0.50/Kgs , New Basic Price Is ₹36.50/Kgs+GST

    BPCL

    Benzene Decreased By ₹0.52/Kgs, New Basic Price Is ₹33.95/Kgs+GST
    Fo Increased By ₹1.04/Kgs, New Basic Price Is ₹29.02/Kgs+GST
    Hexane/KL Increased By ₹2.00/Kgs, New Basic Price Is ₹55.00/Kgs+GST
    Hexane/MT Increased By ₹3.01/Kgs, New Basic Price Is ₹82.83/Kgs+GST
    LDO/KL Increased By ₹0.61/Kgs, New Basic Price Is ₹33.82/Kgs+GST
    MTO/MT Increased By ₹2.60/Kgs, New Basic Price Is ₹76.81/Kgs+GST
    MTO/KL Increased By ₹2.00/Kgs, New Basic Price Is ₹59.00/Kgs+GST
    SBP/KL Increased By ₹2.00/Kgs, New Basic Price Is ₹59.00/Kgs+GST
    Toluene Remains unchanged At ₹36.75/Kgs+GST
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  • Plant News As On 31-07-2020 keyboard_arrow_down
    💧 Formosa Plastics Corp (FPC) has brought its Ethyl Acrylate unit following turnaround.
    As per the sources the company commenced the operations at the unit on 28 July 2020. The unit was put on hold for maintenance purpose in mid-March 2020.
    The Ethyl-A unit has a production capacity of 10,000 mt/year. Located at Ningbo in Zhejiang, China.

    💧 Shenyang Paraffin Chemical took off its Ethylene and Propylene units for an unplanned maintenance.
    Sources believe the company held the operations at the unit on 29 July 2020. The unit is expected to stay off till end-September 2020.
    The Ethylene unit has a production capacity of 150,000 mt/year and the Propylene of 100,000 mt/year. Located at Shenyang, in Liaoning province of China.

    💧 Datang Duolun has intended a maintenance at its Methanol plant.
    Sources say the company undertook a planned shutdown at the plant on 28 July 2020. The plant is expected to stay offline till mid-September 2020.
    The Methanol plant has a production capacity of 1.68 million mt/year. Located at Duolun in Inner Mongolia.
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  • Plant News As On 30-07-2020 keyboard_arrow_down
    💧 Xinneng Fenghuang (Tengzhou) Energy Company plans to bring its No. 2 Methanol unit in Tengzhou.
    The sources say the company will recommence the production process at the unit on 5 August 2020. The unit was put on hold for unplanned maintenance on 26 July 2020.
    The No. 2 Methanol unit is located in Shandong province, China, the having a production capacity of 360,000 mt/year.

    💧 Seqens plans to pull off its Isopropanol plant in Peage.
    Sources say the company is likely to hold the operations at the plant in the first week of August 2020 for a period of around 3-4 day.
    The IPA plant is located at Peage, France, having a production capacity of 70,000 mt/year.
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  • Plant News As On 29-07-2020 keyboard_arrow_down
    💧 ENN Inner Mongolia Xinneng Energy brought its No. 1 Methanol plant following an unplanned outage.
    As per the sources, the company recommence he operations at the plant on 27 July 2020. The plan was pulled off due to technical issues on 9 June 2020.
    The No. 1 Methanol plant is located in Shandong province, China, having a production capacity of 600,000 mt/year.

    💧 Datang International Duo Lun Coal Chemical has put on hold to its two Polypropylene units for maintenance.
    Sources say the company undertook a planned shutdown at the units on 28 July 2020. The units are expected to resume production process on 10 September 2020.
    The PP units are located at Duolun in Inner Mongolia. The two PP units have a production capacity of 230,000 mt/year each.

    💧 Jiangsu Sailboat Petrochemical is most likely to re-continue its two Acrylonitrile plants following an unplanned outage.
    Sources believe the company will resume the operations at the plant on 4 August 2020. The plants were put on hold owing to technical issues in mid-July 2020.
    The ACN plants are located at Lianyungang in eastern Jiangsu provinces, China the two plants comprising four units have a production capacity of 520,000 mt/year.
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  • Plant News As On 28-07-2020 keyboard_arrow_down
    💧 Sinopec Maoming Petrochemical has brought its No. 1 Polypropylene unit in Guangdong.
    As per the sources, the company recommence the operations at the unit following a turnaround on 27 July 2020. The PP unit was put on hold on 15 July 2020.
    The No. 1 PP unit is located in Guangdong, China, having a capacity of 170,000 mt/year.

    💧 Lukoil is likely to take its Acrylonitrile plant off-stream in August-September 2020.
    Sources say the company has scheduled to start a turnaround at the plant in early August 2020. The plant is expected to stay off for around two months.
    The ACN plant is located in Saratov, Russia, the plant, has a production capacity of 190,000 mt/year.

    💧 Jiangsu Sailboat Petrochemical plans to commence the operations at its No. 1 Methyl Methacrylate unit.
    Sources believe the company is likely to begin the production process at the unit by early August 2020. The unit was shut for unplanned maintenance on 17 July 2020.
    The MMA unit is located at Jiangsu in China, having a production capacity of 85,000 mt/year each.
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  • Plant News As On 27-07-2020 keyboard_arrow_down
    💧 Styrindo Monomer Indonesia (SMI) has brought its No. 2 Styrene Monomer unit on-stream following an Unplanned outage.
    As per the sources, company restarted the operations at the unit on 24 July 2020. The unit was put on hold owing to technical issues on 8 July 2020.
    The No. 2 SM unit has a production capacity of 240,000 mt/year. Located at Merak, Indonesia.

    💧 Sumitomo Chemical is in a plan to shut its No. 1 Methyl Methacrylate unit for a maintenance turnaround.
    Sources say the company has scheduled a turnaround at the unit over the period of September-October 2020 for about one month. The exact date of the shutdown is been undisclosed.
    The No. 1 MMA unit has a production capacity of 53,000 mt/year. Located at Jurong Island, Singapore.>

    💧 Henan Yongjin Chemical brought its Monoethylene Glycol unit online following an unplanned outage.
    Sources believe the company recommence the operations at the unit on 24 July 2020. The unit was pulled off in end-March 2020.
    The MEG plant has a production capacity of 200,000 mt/year. Located at Puyang in Henan province of China.
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  • Basic Price Change As On 25-07-2020 keyboard_arrow_down
    Reliance

    MEG Basic Price Increased By ₹0.60/Kgs , New Basic Price Is ₹40.50/Kgs+GST
    DEG Basic Price Remains Unchanged At ₹36.00/Kgs+GST
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  • MEG & VAM Plant News keyboard_arrow_down
    💧 Erdos Xinhang Energy plan to hold the production process at its Monoethylene Glycol unit for a maintenance work.
    As per the sources, the company is likely to begin the maintenance work at the unit on 27 July 2020. The unit is expected to stay off-stream for around a month.
    The MEG unit has a production capacity of 450,000 mt/year. Located at Inner Mongolia, China.

    💧 Dairen Chemical is currently operating its Vinyl Acetate Monomer unit at lower capacity levels.
    Sources believe that, run rates at the unit has been reducing to 50% of production capacity levels in July 2020 due to raise in feedstock cost. The unit is likely to operate at the lower rate till September 2020.
    The VAM unit has a production capacity of 350,000 mt/year. Located at Mailiao in Taiwan.
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  • Plant News As On 24-07-2020 keyboard_arrow_down
    💧 Zagros Petrochemicals brings its No. 2 Methanol Plant on-stream following an unplanned outage.
    As per the sources, the company recommence the operations at the plant on 23 July 2020. The plant was put on hold owing to technical issues on 13 July 2020.
    The No. 2 Methanol plant is located in Assaluyeh, Iran, having a production capacity of 1.65 million mt/year.

    💧 Indian Oil Corporation Ltd (IOCL) planned a shutdown its Polypropylene plant in Paradip.
    Sources believe the company is likely to commence turnaround at the plant by this weekend. The plant is expected to remain under maintenance for about two weeks.
    The Polypropylene plant is located at Paradip in the India state of Odisha. It comprises of two lines with a production capacity of 340,000 mt/year each.
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  • Plant News As On 23-07-2020 keyboard_arrow_down
    💧 Zagros Petrochemicals plans to bring its No. 2 Methanol plant online following an unplanned outage.
    As per the sources, the company is likely to restart the operations at the plant by this weekend. The plant was put on hold owing to technical issues on 13 July 2020.
    The No. 2 Methanol plant has a production capacity of 1.65 million mt/year. Located in Assaluyeh, Iran.

    💧 Henan LongYu Coal-Chemical is apparently operating its Acetic Acid plant at normal capacity levels.
    Sources say the company has increased the run rates at the plant to around 90% production level on 22 July 2020. The run rate at the plant was lowered to 65% of production capacity levels due to technical issues on 21 July 2020.
    The plant has a production capacity of 500,000 mt/year. Located at Shangqiu in Henan province of China.
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  • National And Inernational News keyboard_arrow_down
    ●Southeast Asian methanol market remained upbeat in the the short term due to plant outages in the region. Some traders were heard offering China re-export cargoes at around $260-$280/mt CFR Indonesia, but buyers were doubtful to pay these prices as they anticipate that Petronas Chemicals Labuan would restart its 1.7 million mt/year No.2 methanol plant within this month.
    However, the trade sources said that the Southeast Asian methanol prices could firm quickly if the restart of Petronas' No.2 plant and Brunei Methanol Company's 850,000 mt/year plant is delayed.

    ●The trade sources also said, In India, ex-tank prices rose to Rupees 19/kg July 21 compared to Rupees 18-18.50/kg the week ended July 17 in he middle of sparse Middle East offers.

    ●In China, the availability of August-arrival non-sanctioned spot cargoes was heard to be snug and discussions were heard at minus 2% to parity to CFR China formula prices.
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  • Plant News As On 22-07-2020 keyboard_arrow_down
    💧 Mitsui Chemicals brought its Methyl Isobutyl Ketone plant on-stream following a planned outage.
    As per the sources, the company restarted the operations at the plant in mid-July 2020. The plant was put on hold for maintenance purpose in early-May 2020.
    The MIBK plant is located at Iwakuni-Ohtake works in Yamaguchi prefecture, Japan, having a production capacity of 30,000 mt/year.

    💧 Lotte BP Chemical is likely to take its Vinyl Acetate unit off-stream owing to technical issues.
    Sources say the company undertook an unplanned shutdown at the unit on 21 July 2020. The unit remains shut for about 10 days.
    The VAM unit is located at Ulsan in South Korea, having a production capacity of 210,000 mt/year.
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  • Plant News As On 21-07-2020 keyboard_arrow_down
    💧 Formosa Plastics Corp (FPC) took off its Methyl-Acrylate unit for a turnaround.
    As per the sources, the company held the operations at the unit on 10 July 2020. Further details on duration of the shutdown are been undisclosed.
    The Methyl-A unit is located at Ningbo, Zhejiang, China, having a production capacity of 30,000 mt/year.

    💧 Shandong Mingshui Great Chemical Group plans to shut its No. 6 Methanol plant.
    Sources say the company is about to hold the operations at the plant for maintenance on 22 July 2020. The plant is expected to remain offline for about two weeks.
    The No. 6 methanol plant is located at Shandong province, China, having a production capacity of 600,000 mt/year.
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  • Plant News As On 20-07-2020 keyboard_arrow_down
    💧 Yanzhou Coal Mining held the operations at its Monoethylene Glycol unit owing to technical issues.
    As per the sources, company undertook an unplanned shutdown at the unit on 16 July 2020. the unit will stay offline for about a week.
    The MEG is located in Ordos, Inner Mongolia, China, having a production capacity of 280,000 mt/year.

    💧 Jiangsu Sailboat Petrochemical halted the production process at its No. 1 Methyl Methacrylate unit.
    Sources say the company has undertaken a unplanned shutdown at the unit on 17 July 2020. The unit is likely to remain off till early-August 2020.
    The MMA unit is located at Jiangsu in China, having a production capacity of 85,000 mt/year.
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  • Basic Price Change As On 18-07-2020 keyboard_arrow_down
    Reliance

    DEG Basic Price Decreased By ₹1.00/Kgs , New Basic Price Is ₹36.00/Kgs+GST
    MEG Basic Price Increased By ₹0.20/Kgs , New Basic Price Is ₹39.90/Kgs+GST
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