29 January 2013 16:54 [Source: ICIS news]
HOUSTON (ICIS)--Ashland expects US butadiene prices to keep “ticking up” going forward, the chief financial officer (CFO) of the US-based specialty chemicals firm said on Tuesday.
Higher butadiene prices, as well as a weak replacement tyre market and competition from low-cost imports, were the three key factors impacting
As a result, Ashland expects elastomer volumes in its current fiscal 2013 second quarter ending 31 March to be roughly in line with the first quarter, Chambers said.
Chambers added that in the year-ago first quarter,
($1 = €0.74)
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