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
Reports related to this article:
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.
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