Philippines' JG Summit to Begin Four-Month Petrochemical Plant Shutdown Hero Image

Chemical Processing

Philippines' JG Summit to Begin Four-Month Petrochemical Plant Shutdown

Philippines' sole integrated petrochemical plant will implement a four-month shutdown starting in January to reduce its operational losses

Released Thursday, January 09, 2025

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Researched by Industrial Info Resources (Sugar Land, Texas)--Philippines' sole integrated petrochemical plant will implement a four-month shutdown starting in January to reduce its operational losses. JG Summit Olefins (Batangas City) operates the complex's naphtha cracker, polyethylene and polypropylene plants with extraction units for butadiene and aromatics. The decision to halt operations is due to the ongoing challenges of the petrochemical industry with high naphtha costs and unfavorable global market conditions.

Subscribers to Industrial Info's Global Market Intelligence (GMI) Chemical Processing database can click here for a plant profile and here to read information on the related offline events.

Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 Trillion (USD).

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