Asian Chemical Connections
In the US over the past several years, a rebound in the home construction sector has been somewhat like the eponymous character in the Samuel Beckett play "Waiting for Godot" - much anticipated, but never quite arriving.
Since the worldwide financial crisis - in large part spurred by the US housing boom-and-bust of the mid-2000s - began in 2007, people from many perspectives have waited for homebuilding to return to its former glory after its precipitous fall.
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