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EMERGENCY SHUTDOWN: 1.4 MMT Polyolefin Capacity on Long‑Term Halt! Mixed Market Trends: ABS Rises RMB 300/MT, PP Gains RMB 200/MT, POM Drops by up to RMB 300/MT

Vietnam’s 1.4‑MMT Polyolefin Capacity to Stay Offline Until 2027

On Nov 11, Vietnam’s Long Son Petrochemical (LSP) announced its revised restart plan. The country’s first major integrated petrochemical complex will resume production in Q2 2027 and ramp‑up output by late Q3.

The site has been fully shut since late May 2026 amid Middle‑East feedstock disruptions. Its cracker has 950,000 MT/year ethylene and 400,000 MT/year propylene capacity, with downstream HDPE, LLDPE and PP totalling 1.4 million MT/year. LSP is executing a USD 500 million feedstock retrofit to adopt US ethane and cut Middle‑East feedstock reliance. The year‑plus‑long outage will tighten Southeast Asia’s ethylene, propylene, PE and PP spot supply.

Domestic PE Units Enter Maintenance

  • Maoming Petrochemical: LDPE Line 1 (110,000 MT/yr) & Line 2 (250,000 MT/yr) unplanned shutdown Nov 12, restart TBD
  • Lianyungang Petrochemical: Low‑pressure Phase‑I PE (400,000 MT/yr) shut down Nov 12
  • Sinochem Quanzhou: HDPE (400,000 MT/yr) scheduled shutdown Nov 13
  • Yangzi Petrochemical: HDPE Line 3 (70,000 MT/yr) planned shutdown Nov 16

Covestro Starts New Polyester Line at Meppen Plant

Covestro has commissioned a new polyester‑resin production line at its Meppen plant to meet rising European demand for high‑performance polyesters.

Built on existing GMP‑compliant infrastructure, the new multi‑year‑investment reactor line can produce high‑molecular‑weight & standard polyesters, alkyd and acrylic resins for can, coil & industrial coatings and adhesives under Uralac®, Uradil™, Hybrane™, NeoRez® brands. It also manufactures intermediates for polyurethane dispersions, supporting food‑contact‑related applications.

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Post time: Nov-13-2026