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Source: Rupec
The company noted that this strategic step will help boost domestic supply and could have a positive impact on regional markets. The launch of the new production capacity will also reduce reliance on imports of certain PP grades.
In addition, Guangxi plans to bring a new styrene-butadiene rubber (SSBR) unit up to its full design capacity of 120,000 tonnes per year in October. The unit was commissioned in July 2025. According to the producer, once operational, total SSBR capacity in China will reach 595,000 tonnes per year, accounting for 21.5% of global production.
Earlier, ExxonMobil (USA) officially launched its petrochemical complex in Huizhou, Guangdong Province (southern China). The first phase of the project includes a unit with an annual capacity of 1.6 million tonnes of ethylene.
For the first time, the Downstream Central Asia and Caspian Summit will be co-located with the inaugural Go Net Zero Energy Summit on 8 September at the same venue, bringing together downstream stakeholders from across the Caspian and Central Asia regions under one roof. This unique convergence creates a full week of strategic dialogue and delivers unparalleled opportunities for cross-sector collaboration, knowledge sharing, and the formation of strategic partnerships across the entire energy value chain.
Uzbekistan has announced an extension of zero customs duties on the import of 82 types of industrial raw materials and semi-finished products. According to a report from the Ministry of Justice via its Telegram channel, referencing a presidential decree signed.
The world’s largest chemical manufacturer is set to inaugurate its new facility in China by the end of March, generating a blend of optimism and skepticism about growth prospects.