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  1. Where the olefins and polyolefins markets are headed in 2022

    ... will expand more actively while the global average capacity utilisation will drop to 84.7% from 86.3% in 2021. PE capacity additions are expected to hit 9.1 million tonnes (+6.8%) in 2022, with HDPE accounting for about a half of that total. HDPE and LLDPE capacity expansion will outpace demand growth, which will also reduce capacity utilisation. LDPE will have the smallest capacity expansion among all PE types, adding 1.6 million tonnes of capacity in 2022 and even less in 2023. The LDPE price premium ...

  2. Petrochemicals in facts and figures

    ... tonnes of new polypropylene (PP) capacity (43% of the 2021 targets). The news from Europe was totally unexpected: Repsol announced a EUR 657 million investment to expand its plant in Portugal by 300,000 tonnes of polypropylene and 300,000 tonnes of LLDPE, slated to be launched in 2025. The Portuguese government provided the company with EUR 63 million in tax incentives. LyondellBasell launched polyolefin production from plastic waste in Germany. This is an important step toward LyondellBasell’s ...

  3. Petrochemicals: numbers

    ... on stream capturing its in-house plastic waste from its plant. Polymers are produced using the molecular recycling process. An equally important event took place in Oman, where the plant started operating at full capacity with 440 kt annual output of LLDPE (linear low-density polyethylene), 440 kt annual output of HDPE (high-density polyethylene), and 300 kt annual output of PP (polypropylene). These products are to be supplied to the Asian market. There is news about shifting the deadlines for launching ...

  4. SIBUR analytics

    ... Sasol’s LDPE production plants, with a capacity of 400 ktpa and 420 ktpa, respectively. In China, Sinopec Zhongke Zhanjiang Petrochemical launched a 350 ktpa HDPE production project and Wanhua Chemical brought online 350 ktpa of HDPE and 450 ktpa of LLDPE. In Q1 2021, China’s Zhejiang Satellite aims to launch the country’s first ethane pyrolysis plant in Lianyungang, with a capacity of 1.25 mtpa. In preparation for its 400 ktpa of HDPE, the first deliveries of ethane from the US have already ...

  5. A rally on the polymer market

    ... producers of virgin polymers and processors are maintaining the margins of their business. In any case, if we look at the Plastinfo Polymer Index – Basic Thermoplastics, which shows the overall price movements of nine high-tonnage polymers (LDPE, HDPE, LLDPE, PP, PS, HIPS, PVC-S, PET and EPS) in Russia, we can see that prices for standard thermoplastics are at their highest levels in history,” says Alexey Kalachev, an analyst with Finam. Reasons for the price increase The price growth for high-tonnage ...