US ethylbenzene higher on benzene, styrene
Jessie Waldheim
01-Jul-2016
HOUSTON (ICIS)–The US ethylbenzene range was higher on Friday, tracking gains in upstream benzene and downstream styrene.
US ethylbenzene is produced mainly for the manufacture of styrene, and most of it is used captively. ICIS assesses ethylbenzene prices on a formula based on ethylene and benzene prices, with a styrene component.
US ethylbenzene was assessed at 30.43-37.30 cents/lb on Friday, compared with 29.80-35.15 cents/lb a week ago.
Major ethylbenzene producers in the US include Cosmar-Total/Carville, LyondellBasell, Chevron Phillips Chemical, Dow Chemical and Westlake.
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