Asian Chemical Connections
Four US polyethylene producers - Dow Chemical, ExxonMobil, NOVA Chemicals and Formosa - have each announced a 5 cent/lb ($110/tonne, €84/tonne) price increase on all grades of PE, effective on 1 January, sources said.
ExxonMobil announced it was pushing its previously announced 5 cent/lb increase from November into January, with no price increase announced for December, according to a 4 December customer letter obtained by ICIS.
INSIGHT: UK chemical producers want to grow but energy is against them
“The UK and the rest of Europe needs a business climate that is more responsive to global competition, chemical industry executives believe.”
VIDEO - ICIS Americas Lunchtime Bulletin 6 December 2013