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July 26, 2024

Co Pp Fm

INEOS Force Majuere - CoPP

In a letter to customers dated July 23rd, 2024, INEOS announced that they suffered equipment failure and mechanical breakdown on Saturday July 20th that affected Polypropylene impact copolymer (CoPP) products and has declared Force Majeure. Copolym...

January 19, 2024

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Freezing Temperatures and Production Issues in the US Gulf t...

An Arctic Blast brought frigid temperatures down to the Petrochemical producing gulf coast, leading to precautionary shutdowns, one Force Majeure declaration, and some other seemingly minor disruptions at a number of facilities this week. The resulti...

October 20, 2023

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Spot Propylene Prices Continue to Run Higher

Spot Propylene (PGP) prices have continued to run higher, trading up to $.46/lb, as monomer production disruptions persist. These production issues have largely been responsible for a quick 50% rise in PGP prices, translating into cost-push price inc...

October 03, 2023

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Baystar Starts its New Polyethylene Plant in Pasadena TX

BAYSTAR has commissioned its new Bay 3 Polyethylene (PE) unit located in Pasadena, TX with an annual capacity of 1.4 billion pounds, more than doubling the facility's potential resin output. This unit utilizes the innovative Borstar technology from B...

September 27, 2023

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Braskem Halts Production at Marcus Hook Amid Industry Shifts

Braskem America, the largest Polypropylene (PP) producer in the Americas, has announced the cessation of operations on one of its PP resin production lines located in Marcus Hook, Pennsylvania. The now-idled line, one of the oldest and smallest in th...

September 20, 2023

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ExxonMobils $2 Billion Baytown Expansion

ExxonMobil's recent $2 billion expansion at its Baytown, Texas facility, adding over 1.6 billion pounds of total capacity, marks a significant milestone in the company's long-term growth strategy. The expansion includes the addition of two new produc...