ADNOC operates half capacity after refinery fire
by ChemOrbis Editorial Team - content@chemorbis.com
According to media reports, half of Abu Dhabi National Oil Company’s (ADNOC) 800,000 barrels/day Ruwais refinery was shut last week after a fire outbreak.
The refinery will reportedly be fully operational this week.
Following the fire last week, naphtha prices in the Middle East had surged and traders were unsure about the potential future effects of the incident.
This week, some market sources claimed that the incident will also partially affect Borouge’s PP production in the region. However, this information has not yet been confirmed by the company.
The refinery will reportedly be fully operational this week.
Following the fire last week, naphtha prices in the Middle East had surged and traders were unsure about the potential future effects of the incident.
This week, some market sources claimed that the incident will also partially affect Borouge’s PP production in the region. However, this information has not yet been confirmed by the company.
More free plastics news
Plastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...- Stats: China’s total PP imports spike in May; Vietnam and India’s rising shares shine out
- Tight supply drives HDPE, LLDPE gains in Southeast Asia
- European PE markets set for 2nd bullish month on rising costs
- Turkey’s PP and PE markets propelled to a firm start to H2 despite vulnerable conditions
- Asian PVC sees V-shaped recovery in Q2, what will Q3 bring?
- Will capacity additions cast cloud on ethylene upsurge in Asia?
- US PVC offers in Egypt rise steadily but resistance grows in tandem
- PE buyers’ resistance grows in SEA; duty-free origins more competitive than Mid-East
- Polymer demand cools in Turkey: Is price correction ahead for PP, PE and PVC?
- China’s rising PET trend takes a pause, but longer-term outlook remains firm
