Americas top stories - weekly summary

17 June 2013 15:00  [Source: ICIS news]

HOUSTON (ICIS)--Here are some of the top stories from ICIS Americas for the week ended 14 June 2013.

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

US ethylene margins slide 1.9% on spot price decline
US ethylene margins fell by 1.9% week on week for the week ended 7 June, the ICIS margin report showed on Monday.

Who is to blame for record-low tyre sales? There is a new theory
This much is clear: Tyre sales are in the dumps.

Three-month settlement for US ethylene contracts looks likely
US ethylene contracts appear set for a three-month settlement, sources said on Tuesday.

Carbon fibre slowly making inroads into petchems' auto territory
Market sources who supply raw materials such as polycarbonate (PC) and acrylonitrile-butadiene-styrene (ABS) to auto parts makers are not concerned about carbon fibre moving into mass-market vehicles -- at least not yet, sources said on Wednesday.

US Williams Louisiana cracker experiences explosion
US Williams Olefins’ Geismar cracker in Louisiana experienced an explosion and fire on Thursday morning.

More than 30 injured in Williams olefins plant blast, fire
Emergency crews were working the scene on Thursday of an explosion and fire at Williams’s ethane cracker in Geismar, Louisiana.

One dead, 73 injured in Louisiana cracker blast; fire out
One person has died as a result of the explosion and fire at Williams’s ethane cracker in Geismar,Louisiana, governor Bobby Jindal announced at a Thursday afternoon press conference.

Tyre makers, petchems need to re-think Gen X, Y demand – sources
Auto and tyre makers said on Friday that they - and the petrochemical companies that supply them with raw materials - need to re-gauge future demand based upon the consumer behaviour of Generation X and Y consumers who will drive spending for the next 30 years.

Second person dies from US Williams olefins plant blast
A second victim has died from injuries sustained during Thursday’s explosion and fire at Williams’ ethane cracker in Geismar, Louisiana, a law enforcement officer said on Friday.

By: Staff Reporter
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