Europe top stories: weekly summary

24 June 2013 09:00  [Source: ICIS news]

LONDON (ICIS)--Here are some of the top stories from ICIS Europe for the week ended 21 June 2013.

Europe PE buyers pay more for June but fundamentals still weak
Polyethylene (PE) buyers in Europe have been faced with significant hikes of €50-60/tonne ($66-79/tonne) in June but many still say order books have not improved as underlying economic conditions remain poor, sources said on Friday.

Chemical logistics sector battles plummeting margins
The chemical logistics sector, especially parts of it reliant on Europe, is suffering from plummeting profit margins as it is battered by a combination of lower demand and changing intercontinental chemicals trading patterns.

EU construction output rises 0.9% in April, eurozone 2.0% higher
EU construction output levels rose by 0.9% in April this year compared with the previous month, data agency Eurostat said on Wednesday.

Lucite International places MMA customers on sales control
Major European methyl methacrylate (MMA) producer Lucite International has placed its customers on sales control, with effect from 17 June, because of an unplanned outage, a source from the company said on Tuesday.

Europe June toluene market bearish amid weak downstream, US

Slow derivative offtake and a weak US market is keeping European toluene sentiment bearish, sources said on Monday.

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By: Staff Reporter
+44 20 8652 3214



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