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- Will China's local PP market retain futures-driven gains prior to holidays?
  
  In late November 2020, local PP prices in China retreated from their 20-month highs and followed a stable to softer trend until the week that ended on January 15. As of the second half of January, however, prices shifted upwards with support from the consecutive increases in Dalian futures...
  
  Upcoming holidays, COVID spike pressure PS in Asia
  
  Import PS prices in Asia have been slipping from late November of last year. It was initially due to the year-end market lull amid holidays but the pressure has continued into 2021 as the number of COVID-19 cases spike and activity starts to thin heading towards the Chinese New Year...
  
  Shortage pushes Europe’s ABS markets to multi-year highs
  
  ABS markets started the year with hefty increases that were larger than the cost pass-through from styrene and butadiene. January marked the third consecutive month of 3-digit hikes. Exacerbating tightness amid the lack of Asian imports and competing demand for prompt material were cited among factors reinforcing the bullish rally...
  
  Longest-ever rally staggers in Turkey’s PVC market
  
  Prolonged supply issues gave Turkish PVC players a rough ride throughout the second half of 2020, with tightness sparking the longest-ever uptrend in the country. Recently, a bunch of developments has signaled that the market may have finally reached the ceiling...
  
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Production Flowcharts

CHLOR-ALKALI PROCESSES

GENERAL FLOW CHART

Mercury cell process
Diaphragm cell process
Membrane cell process
Ion exchange membrane inside

EDC production

Direct chlorination
Oxychlorination

VCM production

EDC cracking
EDC/VCM integrated process

POLYMER PRODUCTION

PVC

Suspension polymerization
Emulsion polymerization
Mass (bulk) polymerization

LDPE

Autoclave process
Tubular process

HDPE production

Slurry process
Former Ziegler process (detailed slurry process)
Gas phase process

LLDPE

Gas phase process

PP Production

Gas Phase Process
High yield slurry process
Bulk phase polymerization

Borealis Bulk/Gas phase together: BORSTAR
Basell Bulk polymerization - SPHERIPOL

BENZENE AND PS PRODUCTION

GENERAL FLOW CHART

Benzene production

TDP process - from toluene to benzene
Extractive distillation - from pygas to benzene

Ethylbenzene

Catalytic alkylation of benzene with ethylene

Styrene

Dehydrogenation of EB to produce styrene monomer

GPPS/HIPS

Bulk process for GPPS/HIPS production

EPS

Suspension process for EPS production

CRUDE OIL, NAPHTHA AND OLEFINS

GENERAL FLOW CHART

Crude oil to naphtha, ethylene and propylene
Distillation Unit
Steam Cracker
FCC unit

FROM NATURAL GAS TO OLEFINS

GENERAL FLOW CHART

NG processing
Ethane from olefins