Production Capacity Set to Return After 3 Years of Suspension: This Ethylene/Propylene Production Capacity Is About to Make a Comeback

Vioneo, a Switzerland-based company, previously announced that its global first large-scale fossil-free polyolefin production plant, with a total investment of €1.5 billion, has decided to relocate in its entirety from the Port of Antwerp in Belgium to China. The company’s Chief Commercial Officer, Katja Wodjereck, recently explained its “reasons for choosing China.”

According to sources, Spanish company Repsol plans to restart the Sines cracker and its associated butadiene extraction unit in Portugal in June this year. Previously, there were varying reports in the market regarding the resumption timeline for this facility. Industry data shows that the Sines cracker has an annual production capacity of 410,000 tons of ethylene and 215,000 tons of propylene, while the downstream butadiene extraction unit has an annual capacity of 50,000 tons. This mixed-feed cracker has been under long-term maintenance since 2023, and the shutdown period has been extensive.

Tianyancha AppIt shows that on May 20,Shanghai Electronic Materials International Supply Chain Center Co., Ltd.Established, the legal representative is Gu Chunlin, with a registered capital of 200 million RMB. The business scope includes internet sales, sales of electronic specialty materials, wholesale of electronic components, retail of electronic components, etc.Semiconductor Manufacturing International Corporation、Huahong Group Shanghai Huahong Investment Development Co., Ltd.、Shanghai Huayi Holding Group Co., Ltd.、Shanghai Hongming Digital Intelligence Technology Co., Ltd.、Shanghai Chemical Industry Park Enterprise Development Co., Ltd.Jointly held shares.

Recently, Stepan announced that effective July 1, 2026 (or as contracts allow), it will increase prices by $0.185/lb for STEPANPOL® and TERATE® rigid polyester polyols used in the Americas. This increase is in addition to the price announcement that took effect on May 15, 2026. The adjustment is necessary due to the continued rise in raw material, freight, and energy costs.

Recently, global chemical giantsEastman(Eastman) officially issued to global customersPrice Increase NoticeIt announced that, effective June 1, prices for polyester, copolyester, and cellulose ester products will be increased across the board. The specific increase is as follows: Polyester and copolyester products will be increased by USD 0.30/kg (approximately RMB 2,051/ton), bringing the cumulative increase in 2026 to USD 0.55/kg. • Some copolyester products for which price increases were announced on April 2 will be subject to an additional increase of USD 0.05/kg.(approximately 342 RMB/ton)The cumulative increase in 2026 is also US$0.55/kg. • Cellulose ester polymer up by $0.25/kg(Approximately 1709 yuan/ton)。