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Released February 06, 2025 | METRO MANILA
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Researched by Industrial Info Resources (Sugar Land, Texas)--The Philippines' JG Summit Olefins (Batangas City) has placed its petrochemical plant on an indefinite commercial shutdown due to economic downturns. JG Summit management projects that a possible scenario would be to restart the plant after five to 10 years, after global demand for petrochemicals catches up with supply by the end of this decade.
JG Summit operates a naphtha cracker producing ethylene and propylene, a butadiene extraction unit, an aromatics unit with downstream segment--including a polypropylene plant (PP), linear low-density polyethylene plant (LLDPE), high-density polyethylene plant (HDPE) and polyethylene plant (PE).
Subscribers to Industrial Info's Global Market Intelligence (GMI) Chemical Processing database can click here for a related plant profile.
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).
JG Summit operates a naphtha cracker producing ethylene and propylene, a butadiene extraction unit, an aromatics unit with downstream segment--including a polypropylene plant (PP), linear low-density polyethylene plant (LLDPE), high-density polyethylene plant (HDPE) and polyethylene plant (PE).
Subscribers to Industrial Info's Global Market Intelligence (GMI) Chemical Processing database can click here for a related plant profile.
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).
