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China

Latest news

13.12.2022 INEOS  Fourth Chinese JV with Sinopec / 1.2 mn t/y cracker due onstream in late 2023 / Deal includes ABS, HDPE plants

12.12.2022 POLYMER PRICES  China standard thermoplastics November 2022: All types see a downtrend / Generally weak demand / Covid restrictions eased significantly / Uncertain outlook for the domestic economy

09.12.2022 INEOS STYROLUTION  ABS ECO grades validated for China‘s Midea home appliances / Closed-loop economic model for styrenics

06.12.2022 RUSSIA  EU sanctions on Moscow's crude oil exports, price cap come into force / Domestic PP demand at record lows / Southeast Asian imports flood the market

05.12.2022 PLASTICS AND ENERGY  Germany, Qatar announce LNG deal / Gulf state to supply some 2 mn t/y from 2026 / ConocoPhillips tapped as shipper

01.12.2022 LOGISTICS  The Kiel Canal is closed / Striking truck drivers in South Korea threatened with fines / Container prices continue to fall

28.11.2022 SABIC  Materials giant teams up with Chinese and Mexican firms to trial new polyolefin film products

24.11.2022 LOGISTICS  Strikes and Covid lockdowns rupture global supply chains / Will the European petchem and polymer industries be dragged into the mess? / Prices for container freight stagnate

23.11.2022 KAZAKHSTAN  KazMunayGaz starts up 500,000 t/y PP complex / Construction of cracker, butadiene plant / PE production planned

21.11.2022 RUSSIA  Drop in Chinese imports worries Russian firms / Russia-Turkey trade perks up / Crises in related industries hinders domestic production

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