Americas top stories - weekly summary

19 August 2013 15:00  [Source: ICIS news]

HOUSTON (ICIS)--Here are some of the top stories from ICIS Americas for the week ended 16 August 2013.

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

US August domestic epoxy resin contracts expected to fall
US domestic epoxy resins contracts for August are expected to fall, sources said on Monday, tracking long supply and falling feedstocks.

US CP Chem receives air permits for cracker, PE plant
Chevron Phillips Chemical has received air permits from the Texas Commission on Environmental Quality (TCEQ) for its ethane cracker and two polyethylene (PE) units, the company said on Tuesday.

US August propylene contracts fully settle up 5 cents/lb
US August propylene contracts reached a full settlement for polymer-grade propylene (PGP) and chemical-grade propylene (CGP), sources confirmed on Tuesday.

US Group II base oil prices continue trek upward
US Group II base oil increases continue to emerge, as Calumet Specialty Products announced on Wednesday it will raise prices on all grades of its base stocks in that tier.

US oxo-alcohols flat for Aug, but poised to rise in Sept
US oxo-alcohols contracts for August – including those for n-butanol (NBA), iso-butanol (IBA) and 2-ethylhexanol (2-EH) – settled this week at a rollover from July prices.

US grease makers see opportunities, challenges in Brazil
US grease makers see a combination of opportunities and challenges in trying to bring product into the Brazilian market.

US August PP contracts rise 5 cents/lb on higher propylene
US polypropylene (PP) contracts for August generally settled higher by 5 cents/lb, despite efforts by some producers to expand margins during the month, sources said on Thursday.

US ACN spot prices set to rise amid turnarounds: sources
Demand has not changed for US acrylonitrile (ACN), but spot prices are expected to rise by about $100/tonne (€75/tonne) over the next few weeks on tight supply due to turnarounds, sources said on Friday.

If passed, energy reform may boost Mexico's petchems
The recently proposed energy reforms by Mexico's president could reduce the country's petrochemical trade deficit, one that has continued to grow despite the nation's rich hydrocarbon reserves.


By: Staff Reporter
+44 20 8652 3214



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