Americas top stories - weekly summary

15 April 2013 15:00  [Source: ICIS news]

HOUSTON (ICIS)--Here are some of the top stories from ICIS Americas for the week ended 5 April 2013.

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

Class-action lawsuit filed against ExxonMobil for Pegasus oil spill
on Monday declined to comment on a class-action lawsuit filed last week against the US energy giant after the 29 March Pegasus pipeline rupture and oil spill that forced the evacuation of 22 homes in Mayflower, Arkansas.

US refiners, ethanol groups press EPA on biofuel mandates
US refiners on Monday again urged federal officials to abandon plans to make higher ethanol blended gasoline available to consumers, warning that the action could cause widespread economic damage.

US EPS spot prices fall in April on feedstocks
US expandable polystyrene (EPS) spot prices dropped by 3 cents/lb ($66/tonne, €51/tonne) for April, based on lower prices for feedstock benzene, sources said on Tuesday.

Hurricane forecasters predict 2013 to be active with 18 storms
Keeping a watchful eye on the Gulf of Mexico and out further into the Atlantic Ocean basin, hurricane forecasters from Colorado State University (CSU) on Wednesday predicted above-average activity with 18 named storms during the 2013 hurricane season, which runs from 1 June to 30 November.

Q2 refined glycerine contracts rise on tightening supply
Q2 US refined vegetable contract spreads were assessed higher, while tallow glycerine contract ranges were assessed wider amid tightening supply.

US April propylene contract falls 10 cents/lb
The US April propylene contract reached a full settlement at a drop on weaker demand, sources said on Thursday.

US Chevron outlines California refinery blaze causes, solutions
An investigation into the August 2012 fire at its Richmond, California, refinery has found “multi-faceted” causes for the incident, the general manager for the Chevron plant said on Friday.

By: Staff Reporter
+44 20 8652 3214

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