Europe’s top stories: weekly summary

21 October 2013 09:00  [Source: ICIS news]

LONDON (ICIS)--Here are some of the top stories from ICIS Europe for the week ended 18 October 2013.

Europe acetone demand eases and prices follow – traders
European spot acetone prices have eased this week on the back of slower demand, but also because of lower feedstock costs, sources said on Friday.

EU August construction output grows 0.4%: Eurostat
EU construction output levels rose by 0.4% in August compared to the previous month, data agency Eurostat said Thursday.

Grangemouth to remain down as INEOS ramps up pressure for site reform
The Grangemouth, UK, oil refinery and petrochemicals complex is to remain shut down at least into next week while employees consider reform proposals submitted by owner INEOS, the Switzerland-based chemicals producer said on Wednesday.

Europe PE buyers cautious as K2013 gets under way
Polyethylene (PE) buyers are acting with extreme caution and the outlook is very uncertain, several said on Wednesday, as the 19th international trade fair for plastics and rubber, K2013, opens its doors in Dusseldorf, Germany.

Grangemouth chemical units now offline: INEOS
The Grangemouth, UK chemicals production complex operated by Switzerland-based producer INEOS has been shut down in anticipation of imminent strike action, the company said on Tuesday.

INEOS to hold talks with union to prevent Grangemouth strike
Switzerland-based chemicals producer INEOS is set to begin talks on Monday with UK trade union Unite in a bid to avert an upcoming walkout at its Grangemouth UK site.

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By: Staff Reporter
+44 20 8652 3214

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