Siman
China’s expansion of its petrochemical capacity is putting strong pressure on other Asian countries, particularly Japan. In Japan, four ethylene cracking units are expected to shut down, reducing the number of operating facilities from 12 to 8 and cutting capacity by nearly 30%. Similar reductions are also being observed in South Korea, the Philippines, and … Read more
Siman Ltd extends its warmest wishes for a New Year filled with health, prosperity, and confidence in the future. May the year ahead bring sustainable growth, new opportunities, and successful partnerships, as well as stability and inspiration in both professional and personal endeavors.
Dear Clients and Partners, During the Christmas holidays and the upcoming New Year 2026, the team of SIMAN LTD would like to express its sincere gratitude for your trust, loyalty, and successful cooperation throughout the past year. We wish you peaceful and joyful Christmas holidays, good health, and prosperity for you and your families. May … Read more
The global fertilizer and chemical sectors have gone through a period of significant volatility during 2024–2025. A combination of rising input costs, geopolitical disruptions, and changing agricultural dynamics has reshaped supply, demand, and pricing across all major fertilizer categories. Market Conditions & Pricing Fertilizer prices remain volatile, driven by high energy costs (especially natural gas), … Read more
Citroën has announced a “Chrome Detox” program, which will gradually remove traditional chrome trims and accents from new models — including the new C4 and C4 X — and replace them with matte, more eco-friendly surfaces and contemporary decorative solutions. This is not just a design choice for a more subtle look: the brand presents … Read more
Lotte Chemical has scheduled mechanical completion of its Yulchon Industrial Complex advanced materials plant for the second half of 2026, the South Korean firm said. Once complete, the plant, which will be operated by Lotte Chemical subsidiary Lotte Engineering Plastics, will produce around 500,000 tonnes/year of products such as acrylonitrile butadiene styrene (ABS), polycarbonate (PC) and … Read more
World Bank warns that rising demand and supply disruptions are pushing markets upward According to the World Bank’s latest Commodity Markets Outlook (published on October 29, 2025), global fertilizer prices are projected to rise by around 21% by the end of 2025 compared to 2024 levels. The increase stems from a combination of stronger demand, … Read more
In October 2025, eight major chemical plants in the Netherlands stopped or temporarily suspended their operations. Among them are well-known companies such as LyondellBasell, Indorama, Tronox, Westlake, and Vynova. The news has caused a strong reaction, as it affects one of the key industrial sectors in the country and across Europe. One of the most … Read more
Happy Diwali! May this festival of lights bring you joy, prosperity, and endless happiness.
Oil demand will remain weak into 2026, but the petrochemicals sector will be the key driver as weak macroeconomic conditions persist, according to the International Energy Agency (IEA) on Tuesday. Demand expectations remain well below the historical trend, the IEA monthly Oil Market Report for October said, with transport electrification weighing on consumption trends. “Despite recent sluggish … Read more