Asian Chemical Connections
More in hope, perhaps, than expectation, US chemical, energy and general business interests have appealed to newly re-elected President Barack Obama to scale back his administration's regulations, restrictions and taxes.
Jay Timmons, president of the National Association of Manufacturers (NAM), noted that "it is no secret that the business community has had reservations about the president's agenda of the last four years".
INSIGHT: US ethylene set to peak in May on pipeline restart
"In Texas, expectations of a May pipeline restart not only pushed up pricing, but also lead to a surge in trading activity."
VIDEO: ICIS Special Report on Asia benzene, styrene dynamics