LATEST NEWS: Turkey’s Petkim starts resuming operations
by ChemOrbis Editorial Team - content@chemorbis.com
According to players in Turkey, Petkim Petrokimya Holding AS started resuming operations at its production complex in Aliaga, Izmır, following a major maintenance that started on October 1. This information was not directly confirmed by company sources at the time of publication, meanwhile.
The maintenance, carried out once in every four years, was scheduled to last around 63 days in total. Players claimed that Petkim faced some delays regarding the restarting process, meanwhile.
Players report that the domestic producer restarted its PE plant by around mid-November. Petkim’s PVC unit reportedly restarted on November 18, approximately 10-15 days later than it was initially planned.
The company’s ethylene plant was to be offline for around 45 days and restart was expected around by November 10-11. “The producer has been in restart process at its ethylene cracker as of this week,” said a player.
As for PP, Petkim was due to resume production between November 21-24, market players in Turkey further highlighted.
The maintenance, carried out once in every four years, was scheduled to last around 63 days in total. Players claimed that Petkim faced some delays regarding the restarting process, meanwhile.
Players report that the domestic producer restarted its PE plant by around mid-November. Petkim’s PVC unit reportedly restarted on November 18, approximately 10-15 days later than it was initially planned.
The company’s ethylene plant was to be offline for around 45 days and restart was expected around by November 10-11. “The producer has been in restart process at its ethylene cracker as of this week,” said a player.
As for PP, Petkim was due to resume production between November 21-24, market players in Turkey further highlighted.
More free plastics news
Plastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...- PP, PE already back to 2020 lows in China; prices poised for further drops
- Local PE prices remain bearish, nearing multi-year lows across SE Asia
- European PP, PE buyers sideline ahead of further drops in June
- China’s April PE imports fall to around 1 million tons, lowest since 2018
- Vietnam’s polymer markets buckle under an influx of Chinese cargoes
- Divergence grows between Egypt’s import and local PP, PE markets
- PP markets in China, Vietnam hit 3-year lows, readying to test new lows
- African PE, PP markets extend slide into May
- Asian PS, ABS markets at 2½-3-year lows amid Chinese oversupply
- India’s Q1 PVC imports hit record-high; did buyers rush to stock up before expected restrictions?
