Chemicals News Today

China experiences multiple petrochemical shutdowns for maintenance. Sinochem's PX plant (800,000 t/y), Celanese's VAM plant (300,000 t/y), and Sinopec's BD units (150,000 t/y) are offline, impacting production.

Marjan and Sabalan Petrochemical plants in Iran, each with 1.65 million tons/year methanol capacity, have shut down due to gas shortages. Sabalan's shutdown occurred in late November 2025.

TotalEnergies maintains Antwerp toluene production due to persistent 2026 supply concerns. Buyers anticipate limited imports from China and Israel next year, despite weak demand, highlighting future supply worries.

RIL has announced Price Protection on PE effective from 26th November 2025, valid until 3rd December 2025 (06:00 hrs on 4th December). Additionally, the company has introduced an incentive scheme for HD/LL grades for November 2025, offering: X: ₹2,000/MT Y: ₹2,500/MT Meanwhile, RIL has rolled over PVC prices, with no change announced effective 27th November 2025.

Asian Paints' UAE arm invests Rs. 340 crore for a second 55,800 KL paint facility. Rossari Biotech's subsidiary secured 12,608 sq. mt. land in Gujarat for industrial chemicals expansion, effective Nov 2025.

Asia's naphtha market weakened for a second consecutive session after two South Korean producers announced restructuring plans, traders said.

Hanwha of South Korea has extended its PVC (P1000) offer to the Indian market at US$ 660 per MT, on a CIF basis to Nhava Sheva, Chennai, and Mundra ports. The offer is available on LC at sight terms for December 2025 shipment.

Formosa announced December 2025 PVC offers: US$ 660/MT CIF India, US$ 640/MT CIF China, and US$ 570/MT FOB Taiwan, all on LC at sight terms for global markets.

Westlake Chemical's VCM plant in Plaquemine, Louisiana, maintains full production capacity of 795,000 tons per year despite a fire incident on November 25, 2025, confirming unaffected operations.

Kaneka reported a revenue drop in its materials division for fiscal H1 ended Sept. 30 due to sluggish market conditions, despite seeing recovery in demand for modified silicone polymers.