Americas top stories - weekly summary

14 October 2013 15:00  [Source: ICIS news]

HOUSTON (ICIS)--Here are some of the top stories from ICIS Americas for the week ended 11 October 2013.

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

EPCA '13: SABIC look to make a decision on US cracker in 2014
Saudi Arabian petrochemicals major SABIC will make a decision on developing a new cracker in the US by the end of 2014, company vice chairman and CEO Mohamed Al-Mady, said on Monday.

Dakota Gas may build new urea unit at Great Plains Synfuels Plant
Plans for a urea manufacturing unit that would produce up to 1,100 short tons/day of the nitrogen fertilizer from 2017 have been unveiled by Dakota Gasification Company (Dakota Gas), the North Dakota-based company disclosed late on Monday.

EPCA ’13: Ascend PDH plant not about propylene but downstream chems
Ascend Performance Materials views its planned propane dehydrogenation (PDH) plant not necessarily as not just about propylene but also the prism of the myriad products it can produce more effectively thanks to a more stable feedstock environment, an executive with the US-based producer said on Tuesday.

US Oct propylene contracts fall 2.5 cents/lb on lower spot prices
US October propylene contracts reached a full settlement at a decline of 2.5 cents/lb ($55/tonne, €41/tonne), sources confirmed on Wednesday.

Midwest Fertilizer selects site for its Indiana nitrogen plant
Midwest Fertilizer has selected the site for its planned $2.1bn (€1.6bn) nitrogen plant in Indiana, company officials said on Thursday.

US Chemtura to sell consumer unit, mulls sale of agchem business
US based specialty chemicals producer Chemtura has signed a stock-purchase agreement to sell its Consumer Products business to KIK Custom Products for $315m (€233m), the company said on Thursday.

Dow sells PP licensing, catalyst business to WR Grace for $500m
Dow Chemical has agreed to sell its polypropylene (PP) licensing and catalyst business to fellow US company WR Grace for $500m (€370m), the producer said on Friday.

US September styrene rises 1.50 cents/lb on higher benzene
US September styrene contracts rose 1.50 cents/lb ($33/tonne, €24/tonne) from the August price, trade sources said on Friday.

By: Staff Reporter
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