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DOW Chemical is to sell its polypropylene (PP) business to Brazil’s Braskem for $340m, according to our colleagues at ICIS news.
The blog is digging around for the implications for Dow in Asia.
For the time being, however, here are …
The major long-term shift in US refinery economics and C3s
Source of picture: blueplanetgreenliving.com
By John Richardson
CHINA will account for around one-third of global polypropylene (PP) consumption by the middle of this decade, up …
THE jury is out over whether the recent decline in US propylene prices will re-open arbitrage to Asia for polypropylene (PP).
Arbitrage for ethylene has remained strong with Dow Chemical disclosing that 20% of its US production …
Polypropylene (PP) appears to have become very tight in China over the last week as a result of a reduction in import availability and a resurgence in buying activity.
“PP is incredibly tight right now because the …
“Any Old Iron?”
Source of picture: http://www.investorfsbo.com/refinery.html
A LONG-TERM shift in refinery economics is posing a major threat to petrochemical margins – along with the delayed supply crisis that’s likely to hit the industry at some …