MEG shutdowns in S Korea, Japan, delayed startup in India in 2017
by ChemOrbis Editorial Team - content@chemorbis.com
According to market sources, South Korea’s Hanwha General Chemical is planning to shut its MEG plant at Daesan due to a catalyst change. The 120,000 tons/year MEG plant is expected to go offline in May for two weeks.
Market sources also report that Japanese Maruzen Petrochemical is planning to shut its MEG plant, with a capacity of 100,000 tons/year, in Yokkaichi for an annual maintenance. The plant is expected to remain offline in March 2017 for a month.
Meanwhile, India’s Reliance Industries Ltd. is expected to delay the startup of its 750,000 tons/year new MEG plant in Jamnagar, which was planned to start up this month, to the second quarter of 2017.
Market sources also report that Japanese Maruzen Petrochemical is planning to shut its MEG plant, with a capacity of 100,000 tons/year, in Yokkaichi for an annual maintenance. The plant is expected to remain offline in March 2017 for a month.
Meanwhile, India’s Reliance Industries Ltd. is expected to delay the startup of its 750,000 tons/year new MEG plant in Jamnagar, which was planned to start up this month, to the second quarter of 2017.
More free plastics news
Plastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...- Will European PE market sustain uptrend following higher ethylene?
- COVID-19 resurgence weighs on polymer sentiment in Vietnam
- Stats: Turkey’s H1 polymer imports defy pandemic, hit all-time high
- Stats: China’s total PP, PE imports set a new record in H1 2020
- Lackluster demand outweighs tightness in Asian ABS markets
- Will costs drum up support for a 3rd-month-firming in Europe PET market?
- Import PE markets give softening signals in China, SE Asia
- PVC supplies tight, demand robust across Europe
- China’s local PP, PE markets snap nine-week rally
- Turnarounds keep PP supply tight in SE Asia
