Americas top stories - weekly summary

21 November 2011 09:00  [Source: ICIS news]

HOUSTON (ICIS)--Here are some of the top stories from ICIS Americas for the week ended 11 November 2011.

(Please click on the link to read the full text.)

US PP November contracts fall 6 cents/lb with propylene
US polypropylene (PP) contract prices fell 6 cents/lb ($132/tonne, €98/tonne) in November, following an identical drop in propylene contract prices, sources said on Friday.

PU foam maker proposes up to $15m to settle US price-fixing suit
UK-based Vitafoam had no immediate comments late on Friday regarding a proposal to pay up to $15m (€11m) to settle allegations that the company fixed prices on polyurethane (PU) flexible foam.

Shell likely to announce US cracker location in January
Shell expects to announce the location of its proposed world-scale ethane cracker complex in the northeast of the US in January, a company spokeswoman said on Thursday.

US Oct SBR prices fall 24 cents/lb on lower demand, feedstock
US October contract prices for styrene butadiene rubber (SBR) were assessed on Wednesday down 24 cents/lb ($529/tonne, €391/tonne) from September on lower feedstock costs and demand.

TiO2 demand to soften in fourth quarter - US Tronox
Tronox expects titanium dioxide (TiO2) demand in the fourth quarter to moderate from levels seen in the previous two quarters, the US-based titanium dioxide (TiO2) producer said on Tuesday.

US wholesale prices for chemicals and resins fall sharply in Oct
US producer prices for chemicals and plastic resins fell sharply in October from September, the Department of Labor said on Tuesday, contributing to an overall marginal 0.3% decline in prices at the production or wholesale level.

US Nov propylene contract drops 6 cents/lb on high inventories
US propylene contract prices for November settled down 6 cents/lb ($132/tonne, €95/tonne) from October as inventory levels remain high, market participants said on Monday.

US Dow notifies LLDPE customers of Louisiana plant problems
US Dow Chemical told customers it will implement "demand management" for certain linear low-density polyethylene (LLDPE) resins produced at its St Charles operations facility, sources said on Monday.


By: Staff Reporter
+44 20 8652 3214



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