Source: ChemOrbis According to a source familiar with the issue, Ineos declared force majeure on its LDPE supplies from one of its plants in Cologne, Germany due to a power outage on November 11. The company could not be reached for comments at the time of publication, however. The force majeure is slated to last for 3 weeks. The company’s mLLDPE unit at the same site was reported to be unaffected, meanwhile. The company’s Cologne plant has the capacity to produce around 400,000 tons/year of LDPE, while LLDPE plant has a production capacity of 230,000 tons/year.
Source: Chemorbis According to a source close to the company, SABIC Europe declared a force majeure on its LDPE supplies from Wilton, the UK on November 3. The company had shut its LDPE plant for a maintenance work in the first half of October. Meanwhile, the company could not be reached for confirmation at the time of publication. The Wilton unit is able to produce 400,000 tons/year of LDPE.
Source: Market November ethylene contract price has settled at a roll-over from October at €775/ton FD NWE. November propylene contract price has settled at a roll-over from October at €720/ton FD NWE.
Source: ChemOrbis According to market sources, Vynova has resumed operations at its PVC plant in Beek, the Netherlands. The producer is also preparing to restart production at its Mazingarbe plant in France. PVC plants could reportedly be restarted after the return of the producer’s VCM unit in Tessenderlo, Belgium from a maintenance shutdown, which supplies feedstock to both PVC plants. However, this news could not be confirmed directly by the company at the time of publication. Vynova’s Beek plant has a PVC production capacity of 225,000 tons/year, while the Mazingarbe
Source: ChemOrbis Lummus Technology announced in a press release that its subsidiary Lummus Novolen Technology GmbH has been awarded a technology contract by Hengyi Industries for its planned PP project on Pulau Muara Besar Island in Brunei. Accordingly, Lummus Novolen will not only provide technology but also basic design engineering, training and technical services for the proposed PP unit with a capacity of 1 million tons/year. The new plant is a part of the $13.65 billion project’s second phase, which includes a 1.65 million tons/year ethylene plant and a 2.5 million tons
Source: ChemOrbis According to market sources, October propylene contracts in the US have settled with a 0.50 cent/Ib ($11/ton) increase from September. The settlements were at 36.50 cents/lb ($804/ton) for polymer-grade propylene and 35 cents/lb ($771/ton) for chemical-grade propylene, all on FD USG basis.
Source: ChemOrbis According to a press release, W. R. Grace & Co. has licensed its UNIPOL PP process technology to Dongguan Grand Resource Science & Technology Co. Ltd. (DGR) for the company’s proposed PP facility in Guangdong, China. The proposed plant will have a production capacity of 600,000 tons/year of polypropylene upon its completion in 2023.
Source: www.plasteurope.com A group of three firms interested in developing new ways to recycle plastics waste has received a grant of GBP 3.1m (EUR 3.4m) for research into technologies that will turn post-consumer use material into virgin-quality feedstock. The grant from UK Research and Innovation (Manchester; www.ukri.org), will support a three-year collaboration, which will see Recycling Technologies (Swindon / UK; www.recyclingtechnologies.co.uk) process plastics waste into an oil product called “Plaxx”. Finnish refiner Neste (Es
Source: plasteurope.com Russian petrochemicals group Lukoil (Moscow; www.lukoil.com) is planning to build a polypropylene plant at its Bulgarian production site in Burgas. The company has acquired a “Novolen” license for a PP line with a production capacity of 280,000 t/y for its local subsidiary Lukoil Neftohim Burgas, according to US technology supplier Lummus (The Woodlands, Texas; www.lummustechnology.com). The contract also includes the technical design planning of the plant, training and services as well as a supply deal for cataly
Source: Chemorbis According to market sources, Shin Etsu declared force majeure on deliveries of all PVC grades from its 450,000 tons/year plant in Pernis, the Netherlands by October 13. The producer could not be reached for confirmation at the time of publication. It is not yet known when the force majeure will be lifted.
Source: Chemorbis According to a letter to customers, France’s Kem One declared a force majeure on mass and suspension PVC supplies from its plants in Saint-Fons and Balan sites, France on October 13. A disruption in the feedstock chain for VCM stemming from the interrupted navigation on Rhone River was cited as the reason behind the force majeure. As the Saint-Fons and Balan sites cannot be supplied with VCM by barge due to the recent interruption, the company was forced to significantly reduce PVC production at these sites. Kem One will not be able to supply mass and suspension
Source: Chemorbis According to sources close with the matter, LyondellBasell has been having some technical issues at its LDPE plant in Aubette, France since September. Meanwhile, this information was not directly confirmed by the company at the time of publication. Sources reported, “Ongoing issues interrupted production at the Aubette plant. Yet, the company is currently supplying its customers from its other site at Wesseling in Germany.” The Aubette plant has a production capacity of 350,000 tons/year.
Source: MRCplast GAIL India Ltd has reportedly taken its polyethylene (PE) unit in Pata, Uttar Pradesh off-stream on 25 September 2020 following a ruptured pipeline at ONGC’s gas processing plant that disrupts feedstock supply to GAIL, according to CommoPlast with reference to market sources. The unit has an annual capacity of 400,000 tons/year, which might remain shut for several days. In the meantime, GAIL operates two other PE lines: a 210,000 tons/year high density polyethylene (HDPE)/linear low density polyethylene (LLDPE) swing line and a standalone 100,000 to
Source: Chemorbis According to sources close with the matter, SABIC Europe is due to conduct a maintenance work at its PP copolymer plant in Geleen, the Netherlands. The planned maintenance is slated to start in early October and last around 2 weeks. The company could not be reached for comments at the time of publication, meanwhile. The plant has a production capacity of around 350,000 tons/year of PP copolymer.
Source: lyondellbasell.com LyondellBasell to acquire 50 percent of certain Sasol assets in Louisiana Houston and Johannesburg–LyondellBasell (NYSE: LYB) and Sasol (JSE: SOL, NYSE: SSL) today announced they have entered into a definitive agreement to form a 50/50 joint venture (JV) through which LyondellBasell will acquire 50 percent of Sasol’s 1.5 MM ton ethane cracker, 0.9 MM ton low and linear-low density polyethylene plants and associated infrastructure for a total consideration of US$2 Billion. The agreement includes customary rights for each partner regarding the pote