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Latin America PE demand surpasses supply, with imports from the US making up the difference; Braskem Idesa's Ethylene XXI complex will increase ethylene and PE production, supplied with ethane from Terminal Quimica Puerto Mexico: ICIS

Asia Petrochemical Industry Conference attendees expect demand for PVC in India remaining robust despite import restrictions on certain types; ethylene-based PVC makers are expected to fill any potential shortage caused by the import quota control: ICIS

India chemical sector expanding at a rate that is 1.2-1.5 times GDP rate, according to government officials; nation to expand refining capacity to 251.2 million tonnes/year: ICIS

Asia petrochemical markets face uncertainties through 2023 and possibly into 2024 amid global economic issues; meanwhile, strong capacity additions in China raise concerns of overcapacity across synthetic rubber, polyolefins, acetone, phenol markets: ICIS

Asia polybutadiene plant maintenance season approaches in the coming months, potentially weakening already-low demand for feedstock butadiene; BD spot prices down nearly 30% in recent months to US$905/tonne on May 12: ICIS

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