Europe top stories – weekly summary

17 September 2012 09:00  [Source: ICIS news]

LONDON (ICIS)--Here are some of the top stories from ICIS Europe for the week ended 14 September 2012.

Europe chemical stocks rise on US Fed stimulus announcement
European chemical stocks rose on Friday, in line with financial markets, following an announcement by Federal Reserve chairman Ben Bernanke on Thursday that the US central bank would launch a new round of quantitative easing.

Poor demand means Europe naphtha outlook remains bleak
The outlook for the European naphtha market is still considered bleak as a result of subdued demand and few opportunities to offload surplus stock, sources said this week.

Europe chemical stocks show gains on Germany court bailout vote
European chemical stocks rose on Wednesday, in line with financial markets, after Germany’s Constitutional Court rejected claims the new European Stability Mechanism (ESM), a permanent eurozone bailout fund, went against German law.

Europe benzene spot prices continue to firm on tight supply
European benzene spot prices continue to firm as trade and industry try to cover short positions, markets sources said on Tuesday.

ICIS Top 100 Chemical Companies unveiled
ICIS Chemical Business magazine has unveiled its annual ICIS Top 100 Chemical Companies listing ranked by 2011 sales. (Please click on the links to read the full text)

By: Staff Reporter
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