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Global PVC markets spike on indirect shocks despite limited Middle East reliance

The broader energy and petrochemical complex — including crude oil, natural gas, propane, naphtha, olefins and polyolefins — has seen steep and direct price surges, largely due to the Middle East’s critical role as a global supplier. In contrast, PVC markets are not heavily reliant on Middle Eastern exports, making the recent rally less straightforward at first glance. However, PVC has not been immune to the fallout...

Spot LDPE tests €1700/ton FD in Italy, W. Europe as supply squeeze deepens

Spot LDPE prices in Italy and across Western Europe are testing the €1700/ton FD threshold, as mounting supply constraints and aggressive seller strategies continue to push the market into uncharted territory. This pushed prices to their highest level since July-August 2022...

PP and PE see no respite from steep hikes in Türkiye amid supply bottlenecks ahead of Eid

Türkiye’s polyolefin markets hit multi-year highs this week, with price hikes extending into a third consecutive week. The rally has been driven by severely constrained import volumes, geopolitical tensions, and rising upstream costs. Shortages from the Middle East, the US, and Asia, coupled with logistical disruptions and elevated energy prices, have pushed both local and import prices into uncharted territory, leaving buyers on edge ahead of the Eid al-Fitr break later this week...

SE Asia PP, PE, PVC rally slows after breakneck surge as affordability limits bite

Southeast Asia’s PP, PE, and PVC markets are showing early signs that the breakneck rally seen in recent weeks is beginning to lose momentum. While prices remain elevated, early-week activity suggests that aggressive hikes are no longer gaining the same traction as downstream resistance strengthens across key markets such as Vietnam, Indonesia, and Malaysia...

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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
Olefins from ethane