ISSUES AND CHALLENGES FACING THE PLASTICS … Raw Materials...(reacting faster to market...

ISSUES AND CHALLENGES FACING THE PLASTICS INDUSTRY, An Exclusive Seminar for MPMA Members 22nd April 2013 Venue: Kinta Riverfront Hotel & Suites, Gopeng Hall Raw Materials – Present and Future Regional/World Capacities and Trends Avdo Niksic – Nick Managing Director – Asia Pacific & India ChemOrbis [email protected]

ISSUES AND CHALLENGES FACING THE PLASTICS INDUSTRY, An Exclusive Seminar for MPMA Members 23rd April 2013 Venue: MPMA Conference Room, Butterworth Raw Materials – Present and Future Regional/World Capacities and Trends Avdo Niksic – Nick Managing Director – Asia Pacific & India ChemOrbis [email protected]

About ChemOrbis

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Breakdown by Geography Breakdown by Type

Americas 20%

Asia 32%

Europe 28%

ISC 8% MEA

11%

ROW 1%

Other 31%

Plastic End Product

Manufacturer 60%

Polymer Producer

1%

Polymer Trader/Dist.

8%

The value proposition of ChemOrbis grows as the size and quality of our community grows.

Coverage

Geographical Product

We cover all key spot markets (reacting faster to market developments)

China

SEA/India

Turkey

Egypt

Italy

Coverage will soon be expanded to cover Americas, NWE, Russia, GCC and Africa.

We cover commodity polymers i.e. PE, PP, PVC, PS, PET, ABS

As well as their feedstocks and monomers i.e. crude oil, naphtha, ethylene, propylene, VCM, styrene.

Also machinery and equipment, molds, professional services like logistics, transportation, customs clearance are supported on our trading platforms.

CO is In-depth & Diversified

5000 Sources 250,000 Prices

56%

7%

37%

Converter

Producer

Trader/Distributor

32%

22%

46%

Converter

Producer

Trader/Distributor

All types (producers, traders, converters) + All sizes = remarkable crosscheck ability

World’s Polymers Barometers

0

5,000

10,000

15,000

20,000

25,000

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013

Turkey

Italy

China

Different market dynamics

0.00

20.00

40.00

60.00

80.00

100.00

120.00

140.00

Jan

-08

Mar

-08

May

-08

Jul-

08

Sep

-08

No

v-0

8

Jan

-09

Mar

-09

May

-09

Jul-

09

Sep

-09

No

v-0

9

Jan

-10

Mar

-10

May

-10

Jul-

10

Sep

-10

No

v-10

Jan

-11

Mar

-11

May

-11

Jul-

11

Sep

-11

No

v-11

Jan

-12

Mar

-12

May

-12

Jul-

12

Sep

-12

No

v-12

Jan

-13

Mar

-13

May

-13

Jul-

13

Sep

-13

No

v-13

Crude Oil (e)' (dollarsper barrel)

Natural GasWellhead' (dollarsper thousand cubicfeet)

Coal' (dollars permillion Btu)

US PE and PVC exports 2000-2013

0

100

200

300

400

500

600

700

800

900

1,000

PE PVC

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

USA capacity expansions

January-February Westlake Cracker 565 USA Expansion shutdown 60 d

Capacity of Petro-2 cracker will be expanded by 105,000 tons/year during the maintenance that started on Jan 10. The original shutdown date was Q4, 2012. Expansion to be completed by H2 February.

2015 Westlake Cracker 545 USA Delayed Expansion

Expansion at Lake Charles, LA. Expansion delayed from 2013 to 2015

Mid- 2014 Westlake Ethylene 285 US Expansion

The company will add more than 90,000 tons/year of ethylene production capacity to reach around 300,000 tons/year in line with the conversion of its Calvert City, Kentucky steam cracker to ethane feedstock from propane

End 2012 Dow Cracker 390 USA Restart of idled cracker

Restart of idled cracker at St. Charles, LA

April -June 2012 BASF-Total Cracker 60 USA Expansion 50 d Plant will shut April 18, 2012 for expansion by 60,000 t/y.

Q3 2013 Williams Cracker 272 USA Expansion Debottleneck at Geismar, LA

End 2013 Ineos Cracker 115 USA Expansion Debottleneck at Chocolate Bayou, TX

2014 Westlake Cracker 113 USA Expansion Expansion at Lake Charles, LA

2013-2014 LyondellBasell Cracker 227 USA Expansion Expansion planned at Channelview, TX

2014 LyondellBasell Cracker 386 USA Expansion Expansion at Laporte, TX

Q1 2013 - Q2 2015 Williams Cracker Canada Start up

The company will build olefin processing facilities with 11,000-12,000 b/d ethane, ethylene, propane and propylene capacities by Q2 2015

June 2015 Braskem/ Grupo Idesa Cracker 1 mil Mexico Start up

Contract awarded in Oct 2012 for the Ethylene XXI petchem complex

2016 ExxonMobil Cracker 1.5 mil USA Start up

Ethylene cracker in Baytown is expected to start up in 2016.

2016 Formosa Plastics Cracker 800 USA Start up

New cracker at Point Comfort, TX

2016 OxyChem Ethylene 544 USA Start up

Contract awarded in Oct 2012 for a new ethane cracker

2016-2017 Dow Cracker World scale USA Start up

Company plans expansions and 1 new cracker to increase capacity by 2.3 mil tons/yr by 2017

2016-2017 Shell Chemical Cracker World scale USA Start up

Company is assessing where to locate a new complex using Marcellus Shale

2017 Dow Chemical Cracker World scale USA Start up

World scale ethylene cracker will be built in Texas.

Q1 2017

Chevron Phillips Chemical Cracker

1.5 million USA Start up

New ethane cracker at its Cedar Bayou complex in Texas.

After 2017 Sasol Cracker 1-1.4 mil USA Start up

Ethane cracker planned for Lake Charles, LA. Feasibility study will be completed by 2H 2013

North American shale plays

Shale gas is a global phenomenon

Shale Gas: A growing global energy source

0

200

400

600

800

1000

1200

1400

1600

Technically Recoverable Shale Gas Resources (tcf)

Proved Natural Gas Reserves

Source: EIA

Forecast

-3

-2

-1

0

1

2

3

4

5

78

80

82

84

86

88

90

92

94

2008-Q1 2009-Q1 2010-Q1 2011-Q1 2012-Q1 2013-Q1 2014-Q1

World Liquid Fuels Supply and Demand Balance million barrels per day

Implied stock change and balance (right axis)

World supply (left axis)

World demand (left axis)

Source: Short-Term Energy Outlook, February 2013

Location 2007 2008 2009 2010 2011

Bab el_Mandab 4.6 4.5 2.9 2.7 3.4

Turkish Straits 2.7 2.7 2.8 2.9 N/A

Danish Straits 3.2 2.8 3.0 3.0 N/A

Strait of Hormuz

16.7 17.5 15.7 15.9 17.0

Panama Canal 0.7 0.7 0.8 0.7 0.8

Crude Oil 0.1 0.2 0.2 0.1 0.1 Petroleum Products

0.6 0.6 0.6 0.6 0.6

Suez Canal and SUMED Pipeline

4.7 4.6 3.0 3.1 3.8

Suez Crude Oil 1.3 1.2 0.6 0.7 0.8 Suez Petroleum Products

1.1 1.3 1.3 1.3 1.4

SUMED Crude Oil 2.4 2.1 1.2 1.1 1.7

Volume of Crude Oil and Petroleum Products Transported Through World Chokepoints, 2007-2011

Middle East Pipelines

Cumulative China Imports

0

2,000

4,000

6,000

8,000

10,000

12,000

14,000

16,000

18,000

1 2 3 4 5 6 7 8 9 10 11 12

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

0

200

400

600

800

1,000

1,200

1,400

1,600

1,800

1 2 3 4 5 6 7 8 9 10 11 12

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

Monthly China Imports

China Imports by product

0

2,000

4,000

6,000

8,000

10,000

12,000

14,000

16,000

18,000

2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013

PVC

PS

PP

PET

PE

ABS

China versus SEA versus India

0

10,000

20,000

30,000

40,000

50,000

60,000

2006 2007 2008 2009 2010 2011 2012

China India SEA

Top 10 Exporters to China

YEAR 2009 YEAR 2008 YEAR 2007 YEAR 2006

Exporter Qty (KT) Exporter Qty (KT) Exporter Qty (KT) Exporter Qty (KT)

South Korea 3,694 1 SAME South Korea 2,941 1 SAME South Korea 2,962 1 SAME South Korea 2,895

Taiwan 2,703 2 SAME Taiwan 2,421 2 SAME Taiwan 2,782 2 SAME Taiwan 2,646

United States 1,792 6 UP Japan 927 3 SAME Japan 1,227 3 SAME Japan 1,193

Saudi Arabia 1,298 5 UP Singapore 905 4 SAME Singapore 973 4 SAME Singapore 962

Japan 1,284 3 DOWN Saudi Arabia 764 6 UP United States 887 8 UP Saudi Arabia 948

Singapore 904 4 DOWN United States 720 5 DOWN Saudi Arabia 803 5 DOWN Thailand 767

Thailand 716 7 SAME Thailand 649 7 SAME Thailand 645 6 DOWN Malaysia 590

Malaysia 582 8 SAME Malaysia 474 8 SAME Malaysia 469 7 DOWN United States 551

Iran 555 #N/A NEW Hong Kong 273 9 SAME Hong Kong 344 10 UP India 396

Brazil 325 #N/A NEW Canada 229 10 SAME Canada 240 #N/A NEW Hong Kong 321

Grand Total 13,853 Grand Total 10,304 Grand Total 11,333 Grand Total 11,269

Top 10 accounts for 81% of all imports Top 10 accounts for 88% of all imports Top 10 accounts for 88% of all imports Top 10 accounts for 88%

Prev. Year Prev. Year Prev. Year

YEAR 2013 YEAR 2012 YEAR 2011 YEAR 2010

Exporter Qty (KT) Exporter Qty (KT) Exporter Qty (KT) Exporter Qty (KT)

South Korea 452 1 SAME South Korea 2,910 1 SAME South Korea 2,928 1 SAME South Korea 3,239 1 SAME

Saudi Arabia 376 2 SAME Saudi Arabia 2,380 3 UP Taiwan 2,235 2 SAME Taiwan 2,622 2 SAME

Taiwan 330 3 SAME Taiwan 2,240 2 DOWN Saudi Arabia 2,104 3 SAME Saudi Arabia 1,904 4 UP

Thailand 192 4 SAME Thailand 1,207 4 SAME Thailand 1,097 8 UP United States 1,239 3 DOWN

Iran 176 5 SAME Iran 1,152 9 UP United States 1,040 4 DOWN Japan 1,157 5 SAME

Singapore 165 7 UP United Arab Emirates 971 8 UP Japan 901 5 DOWN Singapore 945 6 SAME

United States 136 8 UP Singapore 956 7 SAME Singapore 877 6 DOWN Iran 870 9 UP

United Arab Emirates 105 6 DOWN United States 896 5 DOWN United Arab Emirates 815 10 UP Thailand 843 7 DOWN

Japan 102 9 SAME Japan 706 6 DOWN Iran 800 7 DOWN Malaysia 495 8 DOWN

Qatar 73 #N/A NEW India 407 #N/A NEW Qatar 423 #N/A NEW United Arab Emirates 274 #N/A NEW

Grand Total 2,107 Grand Total 13,826 Grand Total 13,220 Grand Total 13,589

Top 10 accounts for 85% of all imports Top 10 accounts for 85% of all imports Top 10 accounts for 84% of all imports Top 10 accounts for 84% of all imports

Prev. Year Prev. Year Prev. Year Prev. Year

SEA Exports to China

0

200

400

600

800

1,000

1,200

1,400

Thailand Singapore Malaysia Indonesia Philippines Vietnam

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

Crude oil – monomers - polymers

China SEA Imports HDPE Film

SEA local HDPE Film

HDPE – LLDPE - LDPE

Ethylene - HDPE

China SEA Local PPH

PRODUCTION NEWS

Date Company

Plant ‐

Product

Capacity

ktons/yr Location Status Duration Notes

ASIA

December 2012‐

March 2013 Daqing Petrochemical LLDPE 250 China Restart 4 m

Unit started up end‐August,

2012. Company shut it on Dec 3

after a fire at its new cracker,

planned to restart the plant in

early April. Restarted on March

28.

December 2012‐

April 2013 Daqing Petrochemical HDPE 300 China Shutdown 4 m

Unit started up end‐August,

2012. Company shut it on Dec 3

after a fire at its new cracker,

plans to restart the plant in early

April.

March‐April

Sinopec Shanghai

Petrochemical HDPE 250 China Restart 1 m

Company shut their unit in

Shanghai for maintenance on

March 10 until April 9. The unit

restarted on April 10 and was

expected to produce pipe grade.

March‐April

Sinopec Qilu

Petrochemical LDPE 140 China Shutdown 40 d

Maintenance shutdown at

petrochemical complex in Zibo,

Shandong started on March 11.

April‐May

Sinopec Qilu

Petrochemical HDPE 250 China Shutdown 40 d



Shandong started on April 1.

April‐May

Sinopec Qilu

Petrochemical HDPE 140 China Shutdown 40 d




April‐May

Sinopec Qilu

Petrochemical LLDPE 70 China Shutdown 40 d




Monomer

December 2012‐

April 2013 Daqing Petrochemical Ethylene 600 China Shutdown 4 m

The new ethylene unit started

production on Oct 9, 2012 to

reach a total ethylene capacity

of 1.2 mil t/y. Company shut the

cracker on Dec 3, 2012 after a

fire and plans to restart it in

early April.

April

Formosa

Petrochemicals Cracker 2.93 mil Taiwan Op rates lower

Company will cut op rates of its

3 Mailiao crackers from 100% in

March to 90% from April 1 on

poor margins. No.1, 2 and 3

crackers produce 1.2 mil t/y,

1.03 mil t/y and 700,000 t/y

ethylene, respectively.

April CPC Corp. Cracker 380 Taiwan Op rates lower

Company will maintain lower op

rates of 95% at their No.4

cracker in Linyuan indefinitely

due to poor margins and tight

availability of tank space, acc.to

market sources. Rates were

reduced on March 15.

April CPC Corp. Cracker 500 Taiwan Shutdown

Company would maintain lower

op rates of 95% at their No.5

cracker in Kaohsiung indefinitely




reduced on March 15. The

cracker was down on April 5

following an explosion.

April‐May

Sinopec Qilu

Petrochemical Cracker 510 China Shutdown 40 d



Shandong (No.1 cracker) started

on April 1.

April‐May

Sinopec Qilu




Shandong (No. 2 cracker)

started on April 1.

March‐April SK Innovations Cracker 200 South Korea Restart 28 d

Maintenance at No.1 Ulsan

cracker started on March 7 as

scheduled. The cracker restarted

on April 3, op rates were

gradually raised to reach 100%

on April 6‐7.

April Samsung Total Cracker 1 mil South Korea Full rates

Company will keep running their

Daesan cracker at 100% capacity

in April, similar to March.

May‐July Mitsubishi Chemical Ethylene 495 Japan Shutdown 50 d

The cracker at Mizushima will be

shut for scheduled maintenance

on May 17.

June‐August Mitsui Chemical Ethylene 600 Japan Shutdown 1.5 m

Scheduled maintenance at Chiba

cracker between June 27‐August

7.

July

Chiba Chemicals

Manufacturing Ethylene 974 Japan Shutdown 1 m

Company will reform its two

steam crackers with respective

capacities of 600,000 t/y and

374,000 t/y to make them run

efficiently at lower op rates

August ‐

September Mitsubishi Chemical Ethylene 476 Japan Shutdown 50 d

The No 2 cracker at Kashima is

planned to be shut for

maintenance

September‐End

October

Formosa

Petrochemicals Ethylene 1.03 m Taiwan Shutdown 45 d

No 2 steam cracker at Mailiao is


maintenance from mid Sept

2013 to end October 2013

October‐December CPC Cracker 380 Taiwan Shutdown 2 m

Maintenance shutdown at No.4

Linyuan cracker for more than 2

months.

SOUTHEAST ASIA

March‐April PTT Global Chemical LDPE 300 Thailand Shutdown

Maintenance between late

March‐early April.

End April‐Mid‐May PTT Global Chemical HDPE 250 Thailand Shutdown 15 d

Company plans a maintenance

at Map Ta Phut plant.

Late April‐Early

May PTT Global Chemical HDPE 300 Thailand Shutdown 10 d


at their 2nd plant in Map Ta

Phut right after the

maintenance at their first plant.

It will take place between late

April‐early May.

May PTT Global Chemical LLDPE 400 Thailand Shutdown 24 d

Maintenance between May 6‐

30.

June‐August PTT Global Chemical HDPE 500 Thailand Shutdown


at 2 plants with a total capacity

of 500,000 t/y at Map Ta Phut.

One plant will be shut between

early June‐early July, while the

other will be down between

early August‐mid‐August.

Q3 2013 Petlin LDPE 255 Malaysia Shutdown 30‐45 d

Company will shut their plant at

in Kerteh, Terengganu in line

with the cracker shutdown at

their ethylene supplier Optimal

Olefins.

Monomer

February‐April PTT Global Chemical Ethylene 460 Thailand Shutdown 40 d

Scheduled maintenance at I‐4

cracker in Map Ta Phut

June‐July PCS Ethylene 475 Singapore Shutdown 1 m

Scheduled maintenance at No 1

cracker between June 6‐July 12,

2013.

July PTT Global Chemical Ethylene 550 Thailand Shutdown 40 d

Maintenance at I‐4 No. 1 cracker

in Map Ta Phut. Company will

keep their op rates at 85% prior

to shutdown, acc.to market

reports on March 22.

September Optimal Olefins Cracker 600 Malaysia Shutdown 1.5 m

Cracker in Kertih to be shut in

early September for safety

inspections.

October Quenos Cracker 300 Australia Shutdown

Company to shut the cracker in

Botany, NSW in Q4 2013 for

maintenance.

Q4 2013

Map Ta Phut Olefins

Co. Cracker 900 Thailand Shutdown 40 d Scheduled maintenance.

2013 Shell Cracker 800 Singapore Shutdown

Maintenance shutdown in

Bukom.

EUROPE

January 2012 ‐ Mid‐

2013 LyondellBasell LDPE Germany Shutdown

The LDPE line at Wesseling that

was shut on Jan 2012 will

resume operations in mid 2013

March ‐April Polimir LDPE Russia Shutdown 2 w

Company will start a

maintenance at one of their

lines on March 24.

April‐May Kazanorgsintez LDPE 230 Russia Shutdown 1 m

Company to shut the plant on

April 18‐19 for maintenance.

End April‐May Borealis PE 500 Austria Shutdown 2 w

Schwechat plants southeast of

Vienna will be down for

scheduled maintenance.

May Borealis LDPE Sweden Shutdown 2 w

Scheduled maintenance at

Stenungsund plant.

July Kazanorgsintez PE Russia Shutdown 10 d

Company may be forced to cut

or halt production during the

Universiade event between July

6 and 17. The company has a

capacity to produce 230,000 t/y

of LDPE and 510,000 t/y of

HDPE, can also produce LLDPE.

Monomer

February‐April Versalis Cracker 380 France

Force Majeure/

Restart 4 w

Company shut Dundirk cracker

by the end of the week of Feb

18‐24 for a minor repair. FM

was declared on olefins output,

acc.to reports on Feb 26.

Restarted on March 13, but FM

remained in place.

Mid‐March‐April LyondellBasell Cracker 400 Germany Restart 2 m

Company declared force

majeure on propylene output on

Feb 21 due to an unplanned

shutdown at its

Muenchsmuenster cracker on

technical problems. FM was

effective from mid‐March.

Company resumed normal

operations and reached on spec

output on April 12. FM on

propylene output remained in

place.

Early March‐April Shell Cracker 940

The

Netherlands Shutdown 6 w

Maintenance in Moerdijk to

start on March 10 instead of

earlier reports of May.

End March‐April Versalis Cracker 745 Italy Restart 2 w

Priolo cracker was restarted in

the week April 8‐14 after being

shut on March 31 due to a

technical problem.

April

BP Refining and

Petrochemicals Cracker 540 Germany Production Issues

Company faced small

production issues at

Gelsenkirchen facility in the

week April 8‐14. Problems were

resolved by the end of that

week.

April

BP Refining and


Company faced small





week.

April ‐ June BASF Cracker 1.08 mil Belgium Shutdown 2 m

Maintenance in Antwerp to start

in H2 April and last until H2

June.

April‐June Total Petrochemicals Cracker 330 France Shutdown 2 m


Carling cracker started on April

5.

August‐October Versalis Cracker 745 Italy Shutdown 2 m

Priolo cracker will be shut for

maintenance in August instead

of previously defined date of

October.

September Sabic Cracker 800

The

Netherlands Shutdown 5‐6 w

Turnaround and slight capacity

expansion.

September Ineos Cracker 600 Germany Shutdown 6 w

Scheduled maintenance at No.5

Cologne cracker.

October‐

November Repsol Cracker 700 Spain Shutdown 40 d

Tarragona cracker will be shut

for maintenance

May‐June

BP Refining and

Petrochemicals Cracker 540 Germany Shutdown 6 w Maintenance in Gelsenkirchen.

MIDDLE EAST ‐

AFRICA

Monomer

AMERICAS

March

Dow Chemical

Canada PE 650 Canada Shutdown 1 d

Maintenance at plant in Fort

Saskatchewan, Alberta between

March 29 and 30.

April‐June Pemex HDPE 100 Mexico Shutdown 60 d

Scheduled maintenance at Asahi

plant will start on April 6. The

plant produces injection grade.

April‐June Pemex HDPE 80 Mexico Shutdown 60 d

Scheduled maintenance at

Mitsui plant may take place in

line with Asahi plant. The plant

produces b/m grade.

Monomer

March‐April Chevron Phillips Cracker 300 USA Shutdown

Company shut one of its

crackers (ethylene unit 22) in

Sweeny, TX on March 30 due to

a propylene compressor outage.

The cracker restarted on April 5

before shutting down again on

April 8 due to an automatic

shutdown of propylene

compressor.

April‐May Dow Chemical Cracker 600 USA Shutdown 40‐60 d

Company shut its LHC#7 cracker

in Freeport, TX for maintenance

on April 1.

April Flint Hills Resources Cracker 635 USA Shutdown

An area‐wide power outage that

occurred in Jefferson County on

April 17 caused operational

issues at Port Arthur, TX. The

unit was previously restarted on

April 12 after a short power

outage on April 11.

April Hunstman Cracker 218 USA Shutdown




issues at Port Neches, TX.

May‐June Nova Chemical Cracker 816 Canada Shutdown 45 d

Company will shut its No.2

ethylene facility in Joffre,

Alberta in mid‐May.

NEW CAPACITIES

Date Company Product

Capacity

ktons/yr Location Column1 Column2 Notes

ASIA

Q1 2013 Qilu Petrochemical HDPE 250 China Test runs

Start up date was planned to be

around the first quarter of 2013.

Test runs started on January 10.

July 2013

Brahmaputra Cracker

and Polymer Ltd

(BCPL) PE 220 India Start up

New PE plant as a part of Assam

Gas Cracker Project is expected

to start up in July 2013. Cracker

and PE plant will have a capacity

of 220,000 tons/year.

Mid‐2013

Wuhan

Petrochemical PE 600 China Start up

Units (300,000 t/y HDPE;

300,000 t/y LLDPE) will be fed

by new ethylene plant. Cracker

and downstream units could

start up in May or June, or even

as early as mid‐April. They will

start up in mid‐2013, acc. to

reports on Feb 20.

June 2013 SK Group‐Sinopec PE 400 China Start up

New JV plant in Wuhan City,

Hubei will start up in June.

October 2013‐Q1

2014

ONGC‐Petro

Additions PE 1.06 mil India Start up delayed

Plants were to begin

commercial operations in Oct

2013. The company has two

HDPE/LLDPE swing lines with

360,000 t/y capacity each and

one HDPE line with 340,000 t/y

capacity. They will start up in Q1

2014.

End 2013 Gail

HDPE/

LLDPE 450 India

The company’s new

HDPE/LLDPE swing plant is

expected to come online by end

of 2013 and it will double

company's existing PE capacity.

December 2013‐

March 2014

Bharat Petroleum

Corporation Limited

(BPCL)

HDPE/

LLDPE 220 India

The unit will come online

between December 2013 and

March 2014.

Monomer

December 2012‐

Mid‐2013

Wuhan

Petrochemical Ethylene 800 China Test runs

Test runs at brand new cracker

at Hubei started on Dec 28,

2012. Earlier reports had

suggested that the plant would

come online in Q3 of 2013. The

cracker and downstream units

could start up in May or June, or

even as early as mid‐April. They

will start up in mid‐2013, acc. to

reports on Feb 20.

June 2013 SK Group‐Sinopec Cracker 800 China Start up



Q3 2013 CPC Ethylene 600 Taiwan Start‐up delayed

Company planned to start up its

brand new No. 6 cracker in

Linyuan in June or July. The date

was delayed sometime in Q3,

2013, acc. to reports on April 16.

2012‐Q1 2014

ONGC‐Petro

Additions Ethylene 1.1 mil India Start up

Construction was underway as

of June 2012. Plant is expected

to start up in Q1 2014.

2014 Mitsubishi Chemical Ethylene 476 Japan Expansion

The company plans to increase

their No. 2 cracker’s ethylene

capacity by 50,000 t/y .

2014

p

and Polymer Ltd

(BCPL) Ethylene 220 India Engineering is underway

2014 GAIL (India) Ethylene 900 India Planned unit.

2014 Jiutai Energy Ethylene 600 China Start up

The start up of a methanol to

olefins plant in Inner Mongolia is

planned for 2014

2015 Indian Oil Corp Ethylene 850 India Study is underway.

2015

Reliance Industries

Ltd. Ethylene 1.365 mil India

Engineering was underway. The

new cracker may start up in H1

2015, as early as May 2015.

SOUTHEAST ASIA

January 2012‐April

2013 JG Summit HD/LLDPE 200 Philippines Expansion 4 m

Company will shut the swing

plant in Batangas on Jan 17 for

debottlenecking. The capacity

will be lifted to 320,000 t/y.

April 2013 ExxonMobil LLDPE 650 Singapore Start up

New plant will start up on April

1.

April 2013 ExxonMobil

LLDPE/

HDPE 650 Singapore Start up

New plant will start up on April

1.

Monomer

June‐July 2013‐

September2013 JG Summit Ethylene 320 Philippines Start up

The cracker was expected to

start up in June‐July 2013 while

commercial operations were

expected by early 2014.

Company delayed the start‐up

to September 2013.

Indefinite Shell Ethylene 800 Singapore Expansion

The company will expand the

capacity of its cracker at Pulau

Bukom by 20%. After the start‐

up in March 2010, it will add an

extra c3 capacity of 90,000 t/y.

It is unclear when the expansion

willl begin and how long it will

take

EUROPE

Q2 2013 SABIC HDPE 250 Germany

Commercial

operations

Company to start producing

bimodal HDPE instead of HDPE

pipe at their Gelsenkirchen

plant. Commercial production is

expected by Q2 2013.

2016‐2017 Rosneft PE 350 Russia

Company to build an

HDPE/LLDPE swing plant with a

capacity of 350,000 tons/year.

Around 20% of the total

capacity will be used for LLDPE

production while the remainder

will be slated for HDPE.

Monomer

2015 Ineos Cracker 700 Norway Expansion

The Rafnes cracker's production

capacity is planned to be

boosted to more than 700,000

tons from 560,000 tons to

accommodate ethane supply

from the US

2016‐2017 Rosneft Ethylene 450 Russia Expansion

Company to increase ethylene

capacity from 200,000 t/y to

450.000 t/y in Angarsk.

Q1 2017 Rosneft Ethylene 1.4 mil Russia Groundbreaking

Construction of a petrochemical

complex, requiring 3.4 million

mt/year of feedstocks including

ethylene, PP, PE, MEG and other

products started in 2012

2018 Polimir Ethylene 200 Belarus Debottleneck

Company to add a new ethylene‐

propylene unit to its facility to

increase its cracker capacity.

MIDDLE EAST

October 2012‐April

2013 Saudi Kayan LDPE 300 S. Arabia

Commercial

operations

Trial operations started at the

Jubail complex in October 2012.

Commercial production started

on April 1, 2013.

Q3 2013

Saudi International

Petrochemical

Company (Sipchem) LDPE 200 S. Arabia Start up

Company initially planned to

start up a brand new plant in

Jubail in Q1 2013. Construction

is expected to be completed by

Q2 2013 while test runs are

scheduled for Q3 2013.

March 2013

Ilam Petrochemical

Company HDPE 300 Iran Start up

Construction started in 2005

while production is expected to

start on March 2013

March 2014

Kurdistan

Petrochemical Co HDPE 312 Iran

Construction

underway

Construction at Sanandaj was

54% complete as of Aug 2012

Mid‐2014 Borouge LDPE 350 UAE

Phase 3 complex is expected to

be completed by mid 2014

Mid‐2014 Borouge PE 1.08 mil UAE



Late 2015‐Q1 2016 Petro Rabigh LDPE 300 Saudi Arabia Expansion

Rabigh 2 Expansion Project will

be completed by late 2015.

Plant is expected to start up by

Q1 2016.

2018 Qapco HDPE 850 Qatar

Ras Laffan complex is expected

to be completed by 2018.

2018 Qapco LDPE 430 Qatar



Monomer

Q4 2013 Borouge Cracker 1.5 mil UAE

Phase 3 complex was expected

to be completed by mid 2014.

Market sources said on Feb 26

that the process is ahead of

schedule and the cracker may

start coming online in Q4 2013.

AMERICAS

June 2015 Braskem Idesa PE 1 mil Mexico Start up

Contract awarded for the

Ethylene XXI petchem complex

including 2 HDPE plants, 1 LDPE

plant

2016 Formosa Plastics LDPE 300 USA Start up

New complex planned in Point

Comfort, TX

2016 ExxonMobil PE 1.3 mil USA Start up

Two new PE plants to be built in

Mont Belvieu with 650,000 t/y

capacity each. The possible start

up date pronounced as 2016.

Q1 2017

Chevron Phillips

Chemical PE 1 mil USA Start up

New complex planned at Cedar

Bayou, TX

2017 Nova Chemicals

HDPE/

LLDPE Canada Startup

Company will build 1

HDPE/LLDPE plant and 1 LLDPE

plant

Monomer


Expansion at Petro‐1 carcker in

Lake Charles, LA. Expansion

delayed from 2013 to 2015.

Mid‐ 2014 Westlake Ethylene 285 US Expansion

The company will add more

than 90,000 tons/year of

ethylene production capacity to

reach around 300,000 tons/year

in line with the conversion of its

Calvert City, Kentucky steam

cracker to ethane feedstock

from propane

Q3 2013 Williams Cracker 272 USA Expansion Debottleneck at Geismar, LA

End 2013 Ineos Cracker 115 USA Expansion

Debottleneck at Chocolate

Bayou, TX

2014 Westlake Cracker 113 USA Expansion Expansion at Lake Charles, LA

2013‐2015 LyondellBasell Cracker 1.8 mil USA Expansion

Expansion planned at

Channelview, TX. Capacity will

be increased by 113,000 t/y by

2015.

Late March 2013‐

2014 LyondellBasell Cracker 1.1 mil USA Expansion

Construction for the expansion

project at La Porte, TX will start

in late March 2013. Ethylene

capacity will be increased from

the current 770,000 t/y to 1.1

mil t/y.

2014‐2015 LyondellBasell Cracker 770 USA Expansion

Construction for the expansion

project at Corpus Christi, TX will

start in 2014 and is expected to

be completed by 2015. Ethylene

capacity will be increased by

362,000 t/y.

Q1 2013 ‐ Q2 2015 Williams Cracker Canada Start up

The company will build olefin

processing facilities with 11,000‐

12,000 b/d ethane, ethylene,

propane and propylene

capacities by Q2 2015

June 2015

Braskem/ Grupo

Idesa Cracker 1 mil Mexico Start up

Contract awarded in Oct 2012

for the Ethylene XXI petchem

complex

2016 ExxonMobil Cracker 1.5 mil USA Start up

Ethylene cracker in Baytown is

expected to start up in 2016.

2016 Formosa Plastics Cracker 800 USA Start up

New cracker at Point Comfort,

TX

2016 OxyChem Ethylene 544 USA Start up

Contract awarded in Oct 2012

for a new ethane cracker

2016‐2017 Dow Cracker

World

scale USA Start up

Company plans expansions and

1 new cracker to increase

capacity by 2.3 mil tons/yr by

2017

2016‐2017 Shell Chemical Cracker

World

scale USA Start up

Company is assessing where to

locate a new complex using

Marcellus Shale

2017 Dow Chemical Cracker

World

scale USA Start up

World scale ethylene cracker

will be built in Texas.

Q1 2017

Chevron Phillips

Chemical Cracker 1.5 million USA Start up

New ethane cracker at its Cedar

Bayou complex in Texas.

After 2017 Sasol Cracker 1‐1.4 mil USA Start up

Ethane cracker planned for Lake

Charles, LA. Feasibility study will

be completed by 2H 2013

PLANT CLOSURES

Date Company

Plant ‐

Product

Capacity


ASIA

March 2013 Prime Polymer HDPE 130 Japan Closure

Chiba plant will be mothballed

due to falling domestic demand

April 2014 Mitsubishi Chemical HDPE 52 Japan Closure

Kawasaki plant will be closed

permanently.

Monomer

2014 Mitsubishi Chemical Ethylene 375 Japan Closure

The company pointed to the

surge in ethylene production

capacity anticipated in China

and North America for the

closure of No. 1 cracker.

2015 Sumitomo Chemical Cracker 415 Japan Closure

Company will shut its sole

cracker at Chiba during or

before 2015 due to lower

competitiveness in terms of

energy efficiency, maintenance

costs.

EUROPE

2016‐2017 Rosneft LDPE 76 Russia Closure

Company may shut the plant

permanently.

Monomer

Notes:

(i) Under duration "d" denotes day, "w" denotes week, "m" denotes month.

(ii) Updates made during the current week are marked in red.

(iii) Where the plant is listed as Cracker, the capacity refers to Ethylene.

PRODUCTION NEWS

Date Company

Plant ‐

Product

Capacity


ASIA

March‐April Dalian Petrochemical PP 200 China Shutdown 10 d

Plant in Dalian, Shangdong will

be shut on March 26 for

maintenance.

March‐April Jinan Refinery PP 120 China Restart 40 d

Shandong plant will restart on

April 19 after being shut on

March 10 for scheduled

maintenance.

April‐May

Sinopec Qilu

Petrochemical PP 120 China Shutdown 40 d



Shandong. (No.1 cracker)

April

Fujian Refining &

Petrochemical PP 180 China Shutdown Maintenance started on April 1.

April

Daqing Refining &

Chemicals PP 300 China Shutdown

Company shut the plant in

Heilongjiang on April 10 due to a

technical issue. The restart date

was undisclosed.

Monomer

December 2012‐

April 2013

Daqing

Petrochemicals Cracker 600 China Shutdown 4 m

The new ethylene unit started

production on Oct 9 to reach a

total ethylene capacity of 1.2 mil

t/y. Company shut the cracker

on Dec 3 after a fire, plans to

restart it in early April.

March‐April SK Innovations Propylene 140 South Korea Restart 1 m

Maintenance at No.1 Ulsan

cracker started on March 7 as

scheduled. The cracker restarted

on April 3, op rates were

gradually raised to reach 100%

on April 6‐7.

March‐Mid‐June

Formosa

Petrochemicals Propylene 375 Taiwan Shutdown 3.5 m Maintenance an No.2 RFCC.

April Samsung Total Cracker 1 mil South Korea Full rates

Company will keep running their

Daesan cracker at 100% capacity

in April, similar to March.

April

Formosa

Petrochemicals Propylene Taiwan Op rates lower

Company will cut op rates of its

3 Mailiao crackers from 100% in

March to 90% from April 1 on

poor margins. No.1, 2 and 3

crackers produce 600,000 t/y,

515,000 t/y and 350,000 t/y

propylene, respectively.

April CPC Corp. Propylene 193 Taiwan Op rates lower

Company will maintain lower op

rates of 95% at their No.4

cracker in Linyuan indefinitely




reduced on March 15.

April CPC Corp. Propylene 250 Taiwan Shutdown

Company would maintain lower

op rates of 95% at their No.5

cracker in Kaohsiung indefinitely




reduced on March 15. The

cracker was down on April 5

following an explosion.

April‐May

Sinopec Qilu




Shandong (No.1 cracker) started

on April 1.

April‐May

Sinopec Qilu




Shandong (No. 2 cracker)

started on April 1.

End March ‐ Early

May

JX Nippon Oil &

Energy Propylene 140 Japan Shutdown 40 d

OCU unit in Kawasaki will be

shut for maintenance

May‐July Mitsubishi Chemical Propylene 320 Japan Shutdown 50 d

The cracker at Mizushima will be

shut for scheduled maintenance

on May 17.

June‐August Mitsui Chemical Ethylene 330 Japan Shutdown 1.5 m

Scheduled maintenance at Chiba

cracker between June 27‐August

7.

July

Chiba Chemicals

Manufacturing Propylene 555 Japan Shutdown 1 m

Company will reform its 2 steam

crackers with respective

capacities of 331,000 t/y and

224,000 t/y to make them run

efficently at lower op rates

August ‐

September Mitsubishi Chemical Propylene 260 Japan Shutdown 50 d

The No 2 cracker at Kashima is


maintenance

September‐End

October

Formosa

Petrochemicals Propylene 515 Taiwan Shutdown 45 d

No 2 steam cracker at Mailiao is


maintenance from mid Sept

2013 to end October 2013

October

JX Nippon Oil &

Energy Propylene 140 Japan Shutdown 20 d Maintenance

October‐December CPC Cracker 380 Taiwan Shutdown 2 m

Maintenance shutdown at No.4

Linyuan cracker for more than 2

months.

SOUTHEAST ASIA

Monomer

February‐March PTT Global Chemical Propylene 127 Thailand Shutdown 40 d

Scheduled maintenance at Map

Ta Phut cracker

February‐March HMC Polymers Propylene 300 Thailand Shutdown 30 d

PDH plant was shut

unexpectedly in the week Feb

11‐17 given technical issues.

April Pertamina Propylene 250‐260 Indonesia Shutdown

Company was running their

RFCC at Balongan, West Java at

50% capacity as of April 2 due to

technical issues.

June‐July PCS Propylene 270 Singapore Shutdown 1 m

Scheduled maintenance at No 1

cracker between June 6‐July 12,

2013.

July PTT Global Chemical Cracker 550 Thailand Shutdown 40 d

Maintenance at I‐4 No. 1 cracker

in Map Ta Phut. Company will

keep their op rates at 85% prior

to shutdown, acc.to market

reports on March 22.

September Optimal Olefins Propylene 95 Malaysia Shutdown 1.5 m

Cracker in Kertih to be shut in

early September for safety

inspections.

October Quenos Cracker 300 Australia Shutdown

Company to shut the cracker in

Botany, NSW in Q4 2013 for

maintenance.

Q4 2013

Map Ta Phut Olefins

Co. Propylene 400 Thailand Shutdown 40 d Scheduled maintenance.

2013 Shell Cracker 800 Singapore Shutdown


Bukom.

EUROPE

March‐April Borealis PP 230 Belgium Shutdown

Maintenance will start in the

second half of March.

April Borealis PP 155 Belgium Shutdown

Maintenance will start in the

second half of April.

Monomer

February‐April Versalis Cracker 380 France

Force Majeure/

Restart 4 w

Company shut Dundirk cracker

by the end of the week of Feb

18‐24 for a minor repair. FM

was declared on olefins output,

acc.to reports on Feb 26.

Restarted on March 13, but FM

remained in place.

Mid‐March‐April LyondellBasell Cracker 400 Germany Restart/FM 2 m

Company declared force

majeure on propylene output on

Feb 21 due to an unplanned

shutdown at its

Muenchsmuenster cracker on

technical problems. FM took

effect from mid‐March as

previously reported. Company

resumed normal operations and

reached on spec output on April

12. FM remained in place.

Early March‐April Shell Cracker 940

The


Maintenance in Moerdijk to

start on March 10 instead of

earlier reports of May.

End March‐April Versalis Cracker 745 Italy Restart 2 w

Priolo cracker was restarted in

the week April 8‐14 after being

shut on March 31 due to a

technical problem.

April

BP Refining and


Company faced small





week.

April

BP Refining and


Company faced small





week.

April ‐ June BASF Cracker 1.08 mil Belgium Shutdown 2 m

Maintenance in Antwerp to start

in H2 April and last until H2

June.

April‐June Total Petrochemicals Cracker 330 France Shutdown 2 m


Carling cracker started on April

5.

May‐June

BP Refining and

Petrochemicals Cracker 540 Germany Shutdown 6 w Maintenance in Gelsenkirchen.

August‐October Versalis Cracker 745 Italy Shutdown 2 m

Priolo cracker will be shut for

maintenance in August instead

of previously defined date of

October.

September Sabic Cracker 800

The

Netherlands Shutdown 5‐6 w

Turnaround and slight capacity

expansion.

September Ineos Cracker 600 Germany Shutdown 6 w


Cologne cracker.

October‐

November Repsol Cracker 700 Spain Shutdown 40 d

Tarragona cracker will be shut

for maintenance

MIDDLE EAST

February‐End April Orpic PP 350 Oman Restart 2 m

Company shut the plant, acc.to

reports on Feb 28. It will restart

on April 17.

Monomer

AMERICAS

Monomer

March‐April Chevron Phillips Cracker 300 USA Shutdown

Company shut one of its

crackers (ethylene unit 22) in

Sweeny, TX on March 30 due to

a propylene compressor outage.

The cracker restarted on April 5

before shutting down again on

April 8 due to an automatic

shutdown of propylene

compressor.

April‐May Dow Chemical Cracker 600 USA Shutdown 40‐60 d

Company shut its LHC#7 cracker

in Freeport, TX for maintenance

on April 1.

April Flint Hills Resources Propylene 317 USA Restart




issues at Port Arthur, TX. The

unit was previously restarted on

April 12 after a short power

outage on April 11.

April Hunstman Cracker 218 USA Shutdown




issues at Port Neches, TX.

NEW CAPACITIES

Date Company

Plant ‐

Product

Capacity


ASIA

2011‐2012

Essar Gujarat

Petrochemicals Ltd. PP 900 India The plant is under study

Q2 2013

Sichuan

Petrochemical PP 450 China Start up

Sichuan plant to start up in the

second quarter of 2013.

May‐June 2013 Sinochem Quanzhou PP 200 China Start up

Company to start up new plant

in Fujian in May‐June.

June 2013 SK Group‐Sinopec PP 400 China



July 2013

Brahmaputra Cracker

and Polymer Ltd

(BCPL) PP 60 India Start up

New PP plant as a part of Assam

Gas Cracker Project is expected

to start up in July 2013.

July 2013

Guangzhou


Company plans to start up new

capacity in Guangdong by July.

October 2013‐Q1

2014

ONGC‐Petro

Additions PP 340 India Start up delayed

Was to begin commercial

operations in October 2013,

reports in May 2012 had said.

Plant is expected to start up in

Q1 2014.

End 2013 Sinopec Maoming PP 200 China Start up

Brand new plant in Maoming,

Guangdong to start up at end‐

2013.

Mid‐2013

Wuhan


The unit will be fed by the

Wuhan ethylene plant. The

cracker and downstream units

may start up in May or June, or

even as early as mid‐April. They

will start up in mid‐2013, acc. to

reports on Feb 20.

December 2013‐

March 2014

Bharatmaputra

Petroleum

Corporation Limited

(BPCL) PP 60 India Start up

The unit will come online

between December 2013 and

March 2014.

2015 Jiutai Energy PP 350 China Start up

Methanol to olefins based PP

plant

2015‐2016 Indian Oil Corp PP 700 India Studies are underway.

Monomer

2012

Mangalore Refinery

& Petrochemical Ltd Propylene 300 India Engineering is underway.

2012‐Q1 2014

ONGC Petro‐

additions Ltd. Propylene 400 India

Construction was underway as

of June 2012. Plant is expected

to start up in Q1 2014.

March‐April 2013 GS Caltex Propylene 250 South Korea

Test runs/Delayed

restart

New vacuum gasoil FCC in Yeosu

expected to reach commercial

production by June. Company

shut FCC April 2 for a 9 day

maintenance. Restart was

delayed to April 14 due to

mechanical issues.

Q3 2013 CPC Propylene 300 Taiwan Start up delayed

Company planned to start up its

brand new No. 6 cracker in

Linyuan in June or July. The date

was delayed sometime in Q3,

2013, acc. to reports on April 16.

Early 2013‐

September 2013

Tianjin Bohua

Petrochemical Propylene 600 China Test runs

Company plans to start test runs

at its new PDH unit in

September. Construction work

was completed earlier in 2013.

2014

Shandong

Chambroad Propylene 133 China Start up New unit will start up.

2014 Jiutai Energy Propylene 600 China Start up

The start up of a methanol to

olefins plant in Inner Mongolia is

planned for 2014

2014

Brahmaputra Cracker

and Polymer Ltd

(BCPL) Propylene 60 India Engineering is underway.

2015

Reliance Industries

Ltd. Propylene 150 India

Engineering was underway. The

new cracker may start up in H1

2015, as early as May 2015.

SOUTHEAST ASIA

2013‐2015 Pertamina PP 250 Indonesia Start up delayed

Start up of new Balongan plant

delayed from 2011 to 2013.

Delayed again to 2014. Then

delayed again to 2015.

Monomer

June‐July 2013‐

September2013 JG Summit Propylene 190 Philippines Start up

The cracker was expected to

start up in June‐July 2013 while

commercial operations were

expected by early 2014.

Company delayed the start‐up

to September 2013.

2015 Pertamina Propylene 150 Indonesia Start up delayed

Start up date of RCC at Cilacap is

revealed as 2015

Indefinite Shell Propylene 450 Singapore Expansion

The company will expand the

capacity of its cracker at Pulau

Bukom by 20%. After the start‐

up in March 2010, it will add an

extra c3 capacity of 90,000 t/y.

It is unclear when the expansion

willl begin and how long it will

take

MIDDLE EAST

Mid‐2014 Borouge PP 960 UAE



2015 APC/Bayegan PP 500 Turkey

Saudi Arabia’s Advanced

Petrochemical Company and

Turkish Bayegan to build new PP

plant. The construction of the

project is expected to start in 2Q

2013

2018 Qapco PP 760 Qatar



Monomer

Q3 2013

Saudi Aramco Total

Refinery and

Petrochemical

(Satorp) Propylene 200 Saudi Arabia Start up

Brand new polymer grade

propylene capacity in Al‐Jubail

will start up in Q3 2013.

Q4 2013 Borouge Propylene 1 mil UAE

Phase 3 complex was expected

to be completed by mid 2014.

Market sources said on Feb 26

that the construction process is

ahead of schedule and the

cracker may start coming online

in Q4 2013.

EUROPE

Q3 2013 Polyom PP 180 Russia Start‐up

Commercial production was set

to begin in Nov‐Dec, 2012.

Commissioning work was

completed on February 11,

2013. Full rates are expected to

be reached by Q2 2013, acc.to

market reports on March 6.

April 2013 Sibur PP 500 Russia Commercial runs

The plant was to come online in

H2 2012 and the test production

was to start in H1 2013.

Commercial output was

expected around Q2 2013,

reports said on Feb 22.

Commercial runs will start on

April 23.

2015‐2016 Taneco OJSC PP 200 Russia

New plant to start up in

Tatarstan. Expected date is 2015‐

2016

2016‐2017 Rosneft PP 250 Russia

Company will build a PP plant

with two lines, one of which will

produce homo‐PP and the other

of which will produce PPBC. The

plant will have a total PP

capacity of 250,000 t/y.

Monomer

2015 Ineos Cracker 700 Norway Expansion

The Rafnes cracker's production

capacity is planned to be

boosted to more than 700,000

tons from 560,000 tons to

accommodate ethane supply

from the US

2018 Polimir Propylene 100 Belarus Debottleneck

Company to add a new ethylene‐

propylene unit to its facility to

increase its cracker capacity.

AMERICAS

Q4 2013

Advanced

Composites PP 226 USA Expansion

Company to bring online an

additional capacity of 14,000

t/y.

Monomer


Expansion at Lake Charles, LA.

Expansion delayed from 2013 to

2015

3Q ‐2013 Enterprise Products PDH 750 USA Start up

Commercial production is

expected in the third quarter of

2015.

Q1 2013 ‐ Q2 2015 Williams Cracker Canada Start up

The company will build olefin

processing facilities with 11,000‐

12,000 b/d ethane, ethylene,

propane and propylene

capacities by Q2 2015

2016‐2017 Formosa Plastics Propylene 600 USA Start up

New propane dehydrogenation

plant at Point Comfort, TX

PLANT CLOSURES

Date Company

Plant ‐

Product

Capacity


Asia

April 2014 Mitsubishi Chemical PP 89 Japan Closure

Kawasaki plant will be closed

permanently.

Olefins

2014 Mitsubishi Chemical Cracker 375 Japan Closure

The company pointed to the

surge in ethylene production

capacity anticipated in China

and North America for the

closure of the No. 1 cracker.

2015 Sumitomo Chemical Propylene 288 Japan Closure

Company will shut its sole

cracker at Chiba during or

before 2015 due to lower

competitiveness in terms of

energy efficiency, maintenance

costs.

SOUTHEAST ASIA

Q1 2013 Petronas PP 80 Malaysia Closure

Company will permanently close

the plant in Kuantan due to poor

economics.

Notes:




PRODUCTION NEWS

Date Company

Plant ‐

Product

Capacity


ASIA

April Supreme PS 272 India Shutdown

Company was operating only 1 of

their 3 lines as of April 12.

October

Kumho

Petrochemical PS 227 South Korea Shutdown 7‐10 d

Scheduled maintenance in Ulsan

plant.

Monomer

Late April‐May

Tianjin Dagu

Chemical Styrene 500 China Shutdown delayed 2 w

Company initially planned to shut

the unit in Tianjin either in late

March or early April for

maintenance. Shutdown was

likely to be delayed to late April

or May. The reason was

undisclosed.

April ‐Mid‐July NS Styrene Monomer Styrene 190 Japan Shutdown 3.5 m

No.2 Oita plant was to be shut

for maintenance and refurbishing

from March 1 to mid‐June.

Company delayed the start of the

shutdown by one month to April

1. Plant was shut on April 1 as

scheduled until mid‐July.

Late March‐Mid‐

April LG Chem Styrene 200 South Korea Shutdown 2 w


plant in Yeosu started on March

24. It will restart on April 14.

Late March‐Mid‐

April LG Chem Styrene 300 South Korea Shutdown 2 w


plant in Yeosu will start on March

29. It will restart on April 19.

Late March‐Mid‐

April Samsung Total Styrene 280 South Korea Shutdown 2 w

Maintenance at No 1 plant in

Daesan started in late March.

Company plans to restart it by

mid‐April.

April‐May Yeochun NCC Styrene 290 South Korea Shutdown 1 m

The styrene plant in Yeosu is to

be shut for maintenance

between April 15‐May 10.

April‐May

Sinopec Qilu

Petrochemical Styrene 200 China Shutdown 40 d



Shandong.

August

Formosa Chemical

and Fiber Corp. Styrene 600 Taiwan Shutdown 1 m

Company will shut No. 1

(250,000 t/y), No. 2 (350,000 t/y)

plants at Mailiao for

maintenance in August.

September‐

October Nihon Oxirane Styrene 420 Japan Shutdown 1 m

Sheduled turnaround at Chiba

plant

September‐

October Asahi Kasei Styrene 390 Japan Shutdown 30‐40 d

Scheduled turnaround at the No

3 plant in Mizushima

September Samsung Total Styrene 650 South Korea Shutdown 3 w

Maintenance shutdown at No 2

plant

September

Honam

Petrochemical Styrene 560 South Korea Shutdown 20 d


Daesan

SOUTHEAST ASIA

April ‐ May Denka GPPS 220 Singapore Shutdown 6 w

Maintenance shutdown started

on April 10 as scheduled.

Monomer

June

Styrindo Mono

Indonesia Styrene 100 Indonesia Delayed shutdown

Company delayed the shutdown

at their No. 1 Merak plant from

the initial late March/early April

to June due to good margins and

demand for styrene.

EUROPE

Monomers

Early March‐April Shell Styrene 450

The


Maintenance shutdown may take

place at Moerdijk in line with the

company's cracker shutdown.

2013 LyondellBasell Styrene 640

The



Maasvlakte.

2013 Repsol Styrene 450 Spain Shutdown 40 d


Tarragona.

MIDDLE EAST

Monomers

February‐April

Jubail Chevron

Phillips Styrene 777 Saudi Arabia Restart

Plant restarted on April 3 after a

maintenance that started on

February 18.

March‐April

Saudi Petrochemical

Company (Sadaf) Styrene 580 Saudi Arabia Shutdown 1 m

Unexpected shutdown occured

at No.2 plant at Al‐Jubail on

March 19. Company asked term

contract customers to delay

the shipment of April‐ and May‐

loading cargoes to July‐August,

acc.to market sources. Restart

date was undisclosed.

March‐Early April

Saudi Petrochemical

Company (Sadaf) Styrene 580 Saudi Arabia Shutdown 1 m

Maintenance at No.1 plant at Al‐

Jubail plant started in March.

Plant was expected to restart by

early April.

July‐August Pars Petrochemicals Styrene 600 Iran Shutdown 20 d

The company may shut their

plant in Assaluyeh for

maintenance in late summer.

AMERICAS

Monomers

March ‐ April LyondellBasell Styrene 1.2 mil USA Shutdown

Maintenance in POSM unit in

Channelview, Texas start by

second half of March through

April. Unit was shut on March 22.

March‐April Shell Canada Styrene 450 Canada

Company started a maintenance

at Scotford, Alberta on March 29.

Production will not be impacted.

NEW CAPACITIES

Date Company

Plant ‐

Product

Capacity


ASIA

Monomers

Q2 2013 SP Chemical Styrene 320 C hina Start up

Singapore's SP Chemicals plans to

start up its plant at Taixing in

China's Jiangsu province in Q2

2013

SOUTHEAST ASIA

August 2012‐May

2013

Vietnam Polystyrene

Co Ltd HIPS 50 Vietnam Delayed Start up

Start up delayed to May 2013

from March due to market

conditions and higher feedstock

costs.

EUROPE

MIDDLE EAST

PLANT CLOSURES

Date Company

Plant ‐

Product

Capacity

ktons/yr Location Column1 Column2 Notes Southeast Asia

1H 2013 Cheil Industries HIPS 85 S. Korea Closure

The company plans to phase out

HIPS production in Yeosu and

convert it to an ABS plant in 1H

2013

Europe

February 2013‐

March 2013 Total Petrochemicals PS 80 UK Closure

Company was in a consultation

process at its Stalybridge plant as

of Feb 6. Plant was to be closed

due to shrinking European

market and poor demand in the

UK. Company was still in

consultation as of March 13. The

plant was reportedly closed in

the week March 25‐31, the last

production took place on March

25.

Monomer

Notes:




…Q & A

CHEMORBIS CHINA

No. 338, West Nanjing Road, Tian An Center, 7F, Unit 706 Shanghai, P.R. China, 200003 Phone: +86 (21) 6327 1212 Fax: +86 (21) 5375 1291 Email: [email protected]

CHEMORBIS MALAYSIA

Suite B-11-01, Plaza Mont Kiara No 2, Jalan Kiara, Mont Kiara Kuala Lumpur, Malaysia 50480

Phone: +60 (3) 6203 9717 Fax:+60 (3) 6203 9769 Email:[email protected]

CHEMORBIS TURKEY

Ataturk Caddesi, Seref Yazgan Is Merkezi, No:72, K: 6 Kozyatagi Istanbul, Turkey 34736

Phone: +90 (216) 468 10 25 (pbx) Fax: +90 (216) 360 57 88 Email:[email protected]

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ISSUES AND CHALLENGES FACING THE PLASTICS … Raw Materials...(reacting faster to market...

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