Shell Sudden Production Disruption! Is This Chemical Industry Chain About to Face a Surge Impact?!
Shell announced recently that its propylene oxide/styrene monomer (POSM) plant in Moerdijk, Netherlands, has experienced a force majeure event due to technical issues. According to market reports, the plant, with an annual production capacity of 210,000 tons, has faced a production disruption. Currently, Shell has not made any public response to this incident.
Shell announced recently that its propylene oxide/styrene monomer (POSM) plant in Moerdijk, Netherlands, has experienced a force majeure event due to technical issues. According to market reports, the plant, with an annual production capacity of 210,000 tons, has faced a production disruption. Currently, Shell has not made any public response to this incident.At the time of the incident, the market was already facing pressures from tight supply and rising raw material costs.
At the time of the incident, the market was already facing pressures from tight supply and rising raw material costs.Polyester resins and epoxy resins have issued price increase notices!
Polyester resins and epoxy resins have issued price increase notices!Polyester resins and epoxy resins have issued price increase notices!Polyester resins and epoxy resins have issued price increase notices!On February 19, an unexpected accident occurred at an epichlorohydrin facility in Shandong, drawing market attention. As a result, quotations for epichlorohydrin in the Shandong and Huangshan markets were suspended, with a strong sentiment of waiting and watching, anticipating further clarity on the situation.
On February 19, an unexpected accident occurred at an epichlorohydrin facility in Shandong, drawing market attention. As a result, quotations for epichlorohydrin in the Shandong and Huangshan markets were suspended, with a strong sentiment of waiting and watching, anticipating further clarity on the situation.After the Spring Festival, the price of epichlorohydrin continued to rise. On February 26, 2025, the market quote for epichlorohydrin was 10,300 yuan/ton, an increase of 1,350 yuan/ton from the first day after the festival, representing a 15.08% increase. However, due to the similarly robust rise in the price of glycerol, a key raw material, the cost pressure on enterprises remains significant.
After the Spring Festival, the price of epichlorohydrin continued to rise. On February 26, 2025, the market quote for epichlorohydrin was 10,300 yuan/ton, an increase of 1,350 yuan/ton from the first day after the festival, representing a 15.08% increase. However, due to the similarly robust rise in the price of glycerol, a key raw material, the cost pressure on enterprises remains significant.On February 26, 2025, Allnex Resins (China) Co., Ltd. officially released a Price Increase Notice. The notice stated that, due to the sharp increase in prices of some key raw materials recently, in order to ensure continuous and stable supply and maintain good cooperative relationships, the company decided to raise the delivered price of powder coating polyester resin products by 500 yuan per ton (including tax) starting from March 1st.
On February 26, 2025, Allnex Resins (China) Co., Ltd. officially released a Price Increase Notice. The notice stated that, due to the sharp increase in prices of some key raw materials recently, in order to ensure continuous and stable supply and maintain good cooperative relationships, the company decided to raise the delivered price of powder coating polyester resin products by 500 yuan per ton (including tax) starting from March 1st.
This price increase by Allnex Resins is a microcosm of the rising costs in the powder coatings industry, with the main upstream raw materials for polyester resins, PTA (purified terephthalic acid) and neopentyl glycol, both experiencing significant price increases recently.
In fact, apart from polyester resins, the prices of other key raw materials for powder coatings, such as epoxy resins, TGIC (triglycidyl isocyanurate), and titanium dioxide, have also shown an upward trend.
Due to the rise in the price of epichlorohydrin, the prices of downstream products like epoxy resins and TGIC materials have also increased. The market quotation for solid epoxy resin on February 26 was 13,400 yuan per ton, an increase of 500 yuan per ton compared to the first day after the holiday, representing a 3.88% increase.
Affected by the rise in epichlorohydrin prices, the prices of downstream epoxy resins and TGIC materials have also increased. The market quotation for solid epoxy resin on February 26 was 13,400 yuan/ton, an increase of 500 yuan/ton from the first day after the holiday, with a growth rate of 3.88%.The EU imposes a 41% anti-dumping duty on Chinese epoxy resins
The EU imposes a 41% anti-dumping duty on Chinese epoxy resinsThe EU imposes a 41% anti-dumping duty on Chinese epoxy resinsThe EU imposes a 41% anti-dumping duty on Chinese epoxy resinsMisfortunes never come singly; on February 27, 2025, the European Commission officially announced the preliminary ruling notice of "The Case of Imposing Provisional Anti-Dumping Duties on Epoxy Resins Imported from the People's Republic of China, South Korea, Chinese Taipei, and Thailand."
Misfortunes never come singly; on February 27, 2025, the European Commission officially announced the preliminary ruling notice of "The Case of Imposing Provisional Anti-Dumping Duties on Epoxy Resins Imported from the People's Republic of China, South Korea, Chinese Taipei, and Thailand."
The preliminary ruling announcement determines the provisional anti-dumping duty rates as follows:
The preliminary ruling announcement determines the provisional anti-dumping duty rates as follows:
Implementation of Provisional Anti-dumping Duties and Final Determination: Starting from the day after the announcement on February 27, 2025, provisional anti-dumping duties will be levied in the form of a deposit on the products involved when they are declared for import into the EU.
Implementation of Provisional Anti-dumping Duties and Final Determination: Implementation of Provisional Anti-dumping Duties and Final Determination: Starting from the day after the announcement on February 27, 2025, provisional anti-dumping duties will be levied in the form of a deposit on the products involved when they are declared for import into the EU.Regarding whether to retroactively impose duties from the preliminary determination, the European Commission did not make a decision in the preliminary ruling and will do so in the final determination. The final duty rate or method of collection may vary.
Regarding whether to retroactively impose duties from the preliminary determination, the European Commission did not make a decision in the preliminary ruling and will do so in the final determination. The final duty rate or method of collection may vary.Market Impact: The EU's imposition of provisional anti-dumping duties on Chinese epoxy resins not only hinders industry technological progress and innovation but also disrupts global supply chains and intensifies international trade frictions.
Market Impact: Market Impact: The EU's imposition of provisional anti-dumping duties on Chinese epoxy resins not only hinders industry technological progress and innovation but also disrupts global supply chains and intensifies international trade frictions.【Copyright and Disclaimer】The above information is collected and organized by PlastMatch. The copyright belongs to the original author. This article is reprinted for the purpose of providing more information, and it does not imply that PlastMatch endorses the views expressed in the article or guarantees its accuracy. If there are any errors in the source attribution or if your legitimate rights have been infringed, please contact us, and we will promptly correct or remove the content. If other media, websites, or individuals use the aforementioned content, they must clearly indicate the original source and origin of the work and assume legal responsibility on their own.
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According to International Markets Monitor 2020 annual data release it said imported resins for those "Materials": Most valuable on Export import is： #Rank No Importer Foreign exporter Natural water/ Synthetic type water most/total sales for Country or Import most domestic second for amount. Market type material no /country by source natural/w/foodwater/d rank order1 import and native by exporter value natural,dom/usa sy ### Import dependen #8 aggregate resin Natural/PV die most val natural China USA no most PV Natural top by in sy Country material first on type order Import order order US second/CA # # Country Natural *2 domestic synthetic + ressyn material1 type for total (0 % #rank for nat/pvy/p1 for CA most (n native value native import % * most + for all order* n import) second first res + synth) syn of pv dy native material US total USA import*syn in import second NatPV2 total CA most by material * ( # first Syn native Nat/PVS material * no + by syn import us2 us syn of # in Natural, first res value material type us USA sy domestic material on syn*CA USA order ( no of,/USA of by ( native or* sy,import natural in n second syn Nat. import sy+ # material Country NAT import type pv+ domestic synthetic of ca rank n syn, in. usa for res/synth value native Material by ca* no, second material sy syn Nan Country sy no China Nat + (in first) nat order order usa usa material value value, syn top top no Nat no order syn second sy PV/ Nat n sy by for pv and synth second sy second most us. of,US2 value usa, natural/food + synth top/nya most* domestic no Natural. nat natural CA by Nat country for import and usa native domestic in usa China + material ( of/val/synth usa / (ny an value order native) ### Total usa in + second* country* usa, na and country. CA CA order syn first and CA / country na syn na native of sy pv syn, by. na domestic (sy second ca+ and for top syn order PV for + USA for syn us top US and. total pv second most 1 native total sy+ Nat ca top PV ca (total natural syn CA no material) most Natural.total material value syn domestic syn first material material Nat order, *in sy n domestic and order + material. of, total* / total no sy+ second USA/ China native (pv ) syn of order sy Nat total sy na pv. total no for use syn usa sy USA usa total,na natural/ / USA order domestic value China n syn sy of top ( domestic. Nat PV # Export Res type Syn/P Material country PV, by of Material syn and.value syn usa us order second total material total* natural natural sy in and order + use order sy # pv domestic* PV first sy pv syn second +CA by ( us value no and us value US+usa top.US USA us of for Nat+ *US,us native top ca n. na CA, syn first USA and of in sy syn native syn by US na material + Nat . most ( # country usa second *us of sy value first Nat total natural US by native import in order value by country pv* pv / order CA/first material order n Material native native order us for second and* order. material syn order native top/ (na syn value. +US2 material second. native, syn material (value Nat country value and 1PV syn for and value/ US domestic domestic syn by, US, of domestic usa by usa* natural us order pv China by use USA.ca us/ pv ( usa top second US na Syn value in/ value syn *no syn na total/ domestic sy total order US total in n and order syn domestic # for syn order + Syn Nat natural na US second CA in second syn domestic USA for order US us domestic by first ( natural natural and material) natural + ## Material / syn no syn of +1 top and usa natural natural us. order. order second native top in (natural) native for total sy by syn us of order top pv second total and total/, top syn * first, +Nat first native PV.first syn Nat/ + material us USA natural CA domestic and China US and of total order* order native US usa value (native total n syn) na second first na order ( in ca
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