Suspension of Production And Price Increase, Over 480,000 People Are Under Quarantine Control

The longest suspension of production is 50 days! Intensive maintenance of large factories!

The areas where the prevention and control upgrades in Zhejiang are mostly concentrated in the chemical industry, bringing together the production of textile raw materials, downstream polyester consumption, including the aromatics industry, polyolefin industry, and the production of hazardous chemicals. Among them, the Zhenhai area is an important petrochemical base in China, and its management and control upgrades have a huge impact on some chemicals.

▶ Wanhua Chemical: Ningbo MDI Phase I (400,000 tons/year) will be shut down for maintenance on November 27, 2021, and the maintenance is expected to be about 45 days; MDI Phase II (800,000 tons/year) will be completed in 2021 Production will be stopped for maintenance on December 11, and the maintenance is expected to be about 45 days.
▶ Sichuan Meifeng: The production equipment of Meifeng Fertilizer and Compound Fertilizer Company will be rotated and shut down for maintenance, which is expected to be completed in mid-January 2022.
▶ Chuanwei Chemical: The first/third unit of the acetylene plant is shut down to cool down, the system stops feeding raw natural gas, and the shutdown maintenance mode is turned on.
▶ Fujian Baihong: The 2.5 million tons PTA unit will start to shut down for maintenance on December 1, and the maintenance will last about 25 days.
▶ Yisheng Dahua: The load of the 2.25 million tons of PTA plant dropped to 50% in the afternoon of December 2, and the recovery time is yet to be determined.
▶ Hengli Petrochemical: 2.2 million tons of PTA plant started to shut down on December 10 for maintenance.
▶ Ineos: 1.1 million tons/year PTA is scheduled to be overhauled in mid-December.
▶ Chongqing Chuanwei: 870,000 tons of methanol started to shut down for maintenance on December 6.
▶ Ningbo Fude: 600,000 tons of methanol plans to start shutdown on December 2 for maintenance.
▶ Sinochem Quanzhou: 500,000 tons/year of ethylene glycol will start maintenance for 50 days (planned).
▶ Fude Energy: 500,000 tons/year of ethylene glycol will start overhaul for 45 days (unplanned).
▶ Anhui Hongsifang: The 300,000-ton soda ash plant is scheduled to be overhauled on December 15, 15 days is expected.

Over 480,000 people in Zhejiang have been under quarantine control!

On the afternoon of December 12, Zhejiang Province held a press conference on the prevention and control of the new crown pneumonia epidemic to introduce the latest developments in the prevention and control of the epidemic.
A total of 138 confirmed cases of new coronary pneumonia in Zhejiang Province
At the press conference, the relevant person in charge introduced that since December 5th, as of 3 pm today, a total of 138 confirmed cases and 1 asymptomatic infection have been reported in Ningbo, Shaoxing and Hangzhou, Zhejiang Province.
● A total of 44 confirmed cases have been reported in Ningbo;
● Shaoxing has reported a total of 77 confirmed cases and 1 asymptomatic infection;
● A total of 17 confirmed cases have been reported in Hangzhou.
Zhejiang Province has accumulatively included 484,788 people under quarantine control
A total of 6,116 close contacts and 19,311 second close contacts have been investigated in Zhejiang Province. All of them have implemented control measures. A total of 484,788 people have been under quarantine control in the province, of which 44,178 are under centralized quarantine, 16,299 are under home health observation, and 424,311 are under daily health monitoring.
The three places have carried out a total of 6,183,400 nucleic acid samples, and 4,349,300 results have been obtained. Except for the above-mentioned infected persons, the others are all negative.

Up to 40% increase! The giants collectively raise prices!

Huntsman: Up to 40%
Compulsory price increases will be implemented on some products starting from January 1, 2022. The price-increasing products included 37 kinds of chemical polymers including epoxy resin, polyurethane, polyimide, polyamide, adhesives, etc., with a maximum increase of 40%. The main product types that have increased prices are "Araldite" series epoxy resins, among which bisphenol F epoxy has increased by 5%, alicyclic epoxy has increased by 9%, multifunctional epoxy has increased by 9%, modified/solid/liquid /Solvent epoxy rose by $0.2/Ib (equivalent to 2,800 CNY/ton).
Ashland: The highest rise is 8430 CNY/ton
The selling prices of BDO and its derivatives in North America will be increased from January 1, 2022:
1,4-Butanediol (BDO) is raised by US$0.45/lb (approximately RMB 6323/ton);
N-Methyl-Pyrrolidone (NMP) will be raised by USD 0.50/lb (about RMB 7,025/ton);
2-Pyrol (2-Pyrol) is raised by US$0.50/lb (approximately RMB 7025/ton);
γ-Butyrolactone (BLO) is raised by US$0.60/lb (about 8430 CNY/ton);
Tetrahydrofuran (THF) is raised by US$0.50/lb (approximately RMB 7,025/ton).
DIC Co., Ltd.: The product is raised by 14160 yuan/500 square meters
From December 21st, DIFAREN® thermoplastic resin packaging multi-layer co-extruded film will increase 250 yen (approximately 14,160 yuan)/500 square meters (20μm conversion).
BASF: Up to 7000 CNY/ton
Increase the prices of its paint and coatings industry additives worldwide, including Attagel®, Dispex®, Efka®, Foamaster®, FoamStar®, Hydropalat®, Irgafos®, Irganox®, Loxanol®, Rheovis®, Sterocoll®, Tinuvin ® and Uvinul® series. The new price is effective immediately, or allowed to take effect according to the terms of the contract. The price increase will reach 35% this time in response to the sharp increase in raw material prices, transportation and energy costs, as well as labor, packaging and maintenance costs.
Increase the price of butanediol and its derivatives in Europe:
1,4-Butanediol (BDO) will be raised by 400 Euros/ton (approximately 2880 CNY/ton);
Tetrahydrofuran (THF) will be raised by 700 euros/ton (about 5,038 CNY/ton);
Polytetrahydrofuran (PTMEG) (PolyTHF®) will be raised by 700 euros/ton (about 5,038 CNY/ton);
N-methyl-pyrrolidone (NMP) is raised by EUR 1,000/ton (approximately RMB 7,197/ton).
Toray: The highest increase is 5,060 CNY/ton
It will increase the price of all grades of Trerina™ PPS (polyphenylene sulfide) resins from December 21st. Among them, high-filled products will be raised by 60 yen/kg (about 3373 CNY/ton); unfilled products will be raised by 90 yen/kg (about 5,060 CNY/ton).
Stepan: Up to 4000 CNY/ton
Starting from December 15th, the price of RUCOTE® powder resin in North America will be increased by 0.14 USD/lb (approximately 1967 CNY/ton).
Since January 1, the price of CASE STEPANPOL® polyols in North America has been increased by up to USD 0.20/lb (approximately RMB 2810/ton).
Since January 1, the price of TERATE® polyester polyol (insulation application) in Europe will be increased by 100 Euros/ton (approximately 721 CNY/ton). In addition, due to the significant increase in the cost of flame retardants, flame-retardant products have been increased by an additional 100 euros/ton, a total increase of 200 euros/ton (about 1442 CNY/ton).
Since January 1, the price of STEPANPOL® polyester polyol (insulation applications) in Europe has been increased by 100 Euros/ton (approximately 721 CNY/ton). In addition, due to the significant increase in the cost of flame retardants, flame retardant products An additional increase of 100 euros/ton, a total increase of 200 euros/ton (about 1442 CNY/ton).
Since January 1, the prices of STEPANPOL® and TERATE® polyester polyols (insulation applications) in Beizhou will be increased by 0.09 USD/lb (about 1,264 CNY/ton), and flame-retardant products will be increased by an additional 0.19 USD/ Pound, a total increase of 0.28 US dollars / pound (about 3934 CNY/ton).
Covestro: the highest increase of 3185 CNY/ton
Starting from December 15th, the price of PC series products in China will be increased:
APEC® series will be raised by USD 0.50/kg (approximately RMB 3,185/ton);
Increase the Makrolon® series by USD 0.40/kg (approximately RMB 2548/ton);
The Makroblend® series will be raised by USD 0.50/kg (approximately RMB 3,185/ton);
The Bayblend® series has been raised by USD 0.50/kg (approximately RMB 3,185/ton).
QQ Chemical: The highest rise is 3121 CNY/ton
The prices of all grades of neopentyl glycol (NPG) products will be increased globally from January 1, 2022, with the exception of Europe and the United States (including China), and other regions will increase by US$440-490/ton ( About 2808-3121 CNY/ton).
The prices of all grades of amine products including n-butylamine, di-n-butylamine, tri-n-butylamine, etc. will be increased globally from January 1, 2022, except for Europe and the United States (including China) , Other regions rose between 230-280 US dollars / ton (about 1465-1783 CNY/ton).
SABIC: The highest rise is 2867 CNY/ton
The selling prices of PC flame-retardant products in Asia will be increased on December 15th, with the specific increase as follows:
The flame-retardant grade of LEXAN™ PC will be increased by USD 0.25/kg (approximately RMB 1593/ton);
The flame-retardant grade of CYCOLOY™ PC is increased by USD 0.45/kg (approximately RMB 2867/ton).
Dow: The highest rise is 2810 CNY/ton
From January 1, 2022, the selling price of some resins in North America (the United States and Canada) will be increased by 0.15-0.20 US dollars/lb (approximately 2115-2810 CNY/ton).
Chemours: the highest increase of 1915 CNY/ton
Starting from January 1, 2022, the price of Ti-Pure™ titanium dioxide of all specifications in Greater China will be increased by US$300/ton (approximately RMB 1,915/ton).
KRT: Up to 1800 CNY/ton
From January 1, 2022, the price of all resin products of the company will be increased globally by at least 250 Euro/ton (approximately 1801 CNY/ton).
Ineos: up to 1,000 CNY/ton
In Europe, the contract price of styrene monomer in December increased by about 23 euros/ton (about 165 CNY/ton) compared to October. At the same time, it also raised the price of PS, of which GPPS rose by 20 euros/ton (about 144 CNY/ton). Ton), HIPS requires an additional surcharge of 120 euros/ton (a cumulative increase of about 1060 CNY/ton). The price of ABS has also been raised relatively.
Asahi Kasei: Up to 563 CNY/ton
The price of products such as Suntec LDPE/HDPE/EVA and Creolex mPE (metallocene PE) will be increased by 10 yen/kg (approximately 563 CNY/ton) from December 15th.
Sun Allomer: The highest rise is 562 CNY/ton
The price of all grades of PP (polypropylene) produced by the company will be increased by 10 yen/kg (approximately 562 CNY/ton) from December 16.
Trinseo: The highest rise is 359 CNY/ton
Starting from December 1, the contract and spot prices of the following products will increase:
Styron (STYRON™) GPPS raised 50 Euros/ton (approximately 359 CNY/ton);
Styron and Styron A-Tech, Styron X-Tech and c-Tech (STYRON™, STYRONA-Tech™, STYRONC-Tech™, STYRONX-Tech™) HIPS increased by 50 Euro/ton (approximately 59 CNY/ton) ；
MAGNUM™ ABS resin will be raised by EUR 40/ton (approximately RMB 287/ton);
TYRIL™ SAN resin is raised by EUR 50/ton (approximately RMB 359/ton).
Tokuyama Corporation: Up to 50% increase
The selling price of white carbon black (silica) products will be increased from January 1, 2022. REOLOSIL™ fumed silica hydrophilic products will be increased by more than 35%, and REOLOSIL™ fumed silica hydrophobic products will be increased. Above 35%, EXCELICA™ fumed white carbon black will increase by more than 20%. Silfil™ spherical white carbon black is increased by more than 20%, Sunseal™ spherical white carbon black is increased by more than 10%, and silicon tetrachloride products are increased by more than 50%.
Clariant: Up to 35%
Increase the price of all products of all ICS business units (special industrial and consumer products) in the EMEA region by 25%-35%.
Tosoh Corporation: Up to 30% increase
The prices of Bromine and brominated flame retardants will be raised on December

10. in:
Bromine and hydrobromic acid products are increased by 25%;
FLAMECUT® tetrabromobisphenol A flame retardant products are increased by 30%.

Kuraray: Up to 20%
From January 1, 2022, the price of some fiber products will be increased globally. Among them, KURALON™ and MINTVAL/KURALON™ K-II polyvinyl alcohol (PVA) fiber products will increase by 10%-20%, and polyester (PET) staple fiber products rose by 10%.

Kaneka Chemical: Up to 15%
The selling price of polyimide (PI) film products will be raised from January 1, 2022, with an increase of more than 15%.
BYK: Up to 15%
The company and all its subsidiaries announced that they will increase the prices of all products on a global scale starting from January 1, 2022, with an average increase of 15%.

Toyobo: Up to 7%
The selling price of Zylon® PBO products will be increased from January 1, 2022, with an increase of 5%-7%.