The following is a glossary of terms and abbreviations commonly found within ICIS pricing reports.
| General Terms |
|---|
| ACP | Asian Contract Price |
| APCP | Asian Posted Contract Price |
| API | American Petroleum Institute (issues US petroleum statistics) |
| APPI | Asian Petroleum Price Index |
| ARG | German pipeline group, major ethylene inland distribution (Aethylen Rohrleitungs Gesellschaft) |
| bl/mldg | Blow moulding (plastics reports) |
| BPAP | BP Agreed Price (LPG quote in feedstocks) |
| C | in paraffin wax to denote melt point in degrees Celsius |
| C-grade | chemical grade (propylene) / commercial grade (toluene) |
| CP | contract price |
| CSD | carbonated soft drinks |
| CNO | coconut oil |
| CST | centistoke, unit of viscosity, ratio of a liquid’s absolute viscosity to the density of that liquid |
| DOE | US Department of Energy |
| DTY | drawn texturised yarn |
| EBM | extrusion blow moulding (PET) |
| EGAF | antifreeze grade ethylene glycol |
| EGF | fibre grade ethylene glycol |
| EGI | industrial grade ethylene glycol |
| ext | extrusion (plastics) |
| FDY | fully drawn yarn |
| FRASS | freight rate assessment |
| GP | general purpose |
| H1 | first half (year) |
| H2 | second half (year) |
| HD | high density (plastics) |
| HIPS | high impact polystyrene |
| ICP | Indonesian crude price |
| INJ | injection |
| IPE | International Petroleum Exchange |
| LDPE | low density polyethylene |
| LLDPE | linear low density polyethylene |
| LPG | liquid petroleum gases (butane and propane on feedstocks) |
| MAP | monthly agreed price |
| MON | motor octane number |
| MoU | memorandum of understanding |
| MPGIM | industrial – technical grade monopropylene glycol |
| MTH | month |
| N+A | naphthenes and aromatics (naphtha) |
| n/c | no change |
| N-grade | nitration grade (toluene) |
| NAT | natural |
| NYMEX | New York Mercantile Exchange |
| PC | polycarbonate |
| P&C | private and confidential |
| P-grade | polymer grade (propylene) |
| PM | propanol methoxy/methoxy propanol/propylene glycol ether |
| PMA | propanol methoxy acetate |
| PFY | polyester filament yarn |
| PSF | polyester staple fibre |
| POY | partially oriented yarn |
| Q1 | first quarter (year) |
| Q2 | second quarter (year) |
| Q3 | third quarter (year) |
| Q4 | fourth quarter (year) |
| R-grade | refinery grade (propylene) |
| SBM | stretch blow moulding (plastics) |
| s/d | shutdown |
| SDY | spin drawn yarn |
| SP | spot price |
| SYN | synthetic (glycerine, ethanol) |
| T1 | material manufactured outside the EU and possibly subject to duty |
| T2 | material manufactured within the EU |
| TVA | temporary voluntary allowance |
| UPR | unsaturated polyester resins |
| USP | pharmaceutical grade |
| VLCC | very large crude carrier |
| W-A | weighted average |
| WTI | West Texas Intermediate (US specification of crude oil) |
| Commercial Terms |
|---|
| CFR | cost & freight |
| C&F | freight, for oil bulk cargoes |
| CIF | cost, insurance & freight |
| CPT | carriage paid to |
| DEL | delivered |
| DAF | delivered at frontier |
| DDP | delivered, duty paid |
| DDU | delivered, duty unpaid |
| DOM | domestic |
| EXW | ex-works |
| EXWH | ex-warehouse (China assessments) |
| FCA | free carrier |
| FOB | free on board |
| FOB(*) | FOB price spread at Friday close |
| FOB(+) | FOB price spread for the week |
| FOR | free on rail |
| FOT | free on truck |
| FD | free delivered |
| FRT EQ | freight equalised |
| Free alongside | FOB |
| Form A | preferential rate of duty |
| ITT | inter-tank transfer |
| LC | letter of credit |
| NOM | nominal |
| Units |
|---|
lbpound (weight)
| bbl | barrel |
| cwt | hundredweight (112lb) |
| Cbm | cubic metre |
| dmt | dry tonne (or dry metric ton) |
| dst | dry short ton |
| gal | US gallon |
| hl | hectolitre |
| kg | kilogramme |
| kt | kilotonne |
| L | litre |
| lt | long ton (2,240lb) |
| mt | tonne (1,000kg or 2,204.62lb) |
| mt/year | tonne per year |
| st | short ton (2,000lb) |
| Locations |
|---|
| ARA | Amsterdam-Rotterdam-Antwerp |
| AR | Amsterdam-Rotterdam |
| A-P | Asia-Pacific |
| CIS | Commonwealth of Independent States |
| CMP | China Main Port |
| FARA | Flushing-Amsterdam-Rotterdam-Antwerp |
| FARAG | Flushing-Amsterdam-Rotterdam-Antwerp-Ghent |
| FSU | former Soviet Union |
| HTC | Houston/Texas City |
| MED | Mediterranean |
| NYH | New York Harbor |
| NWE | northwest Europe |
| Rdam | Rotterdam |
| Spore | Singapore |
| USEC | US east coast |
| USG | US Gulf |
| USGC | US Gulf coast |
| USWC | US west coast |
ICIS Chemical Business magazine is pleased to present its 9th annual ICIS Top 100 Chemical Distributors listing.
This comprehensive global listing includes a total of more than 250 companies.
ICIS is pleased to present the top 100 chemical companies of 2017. Based on 2016 sales, the list highlights the largest and most influential companies on earth.
ICIS will be exhibiting at NPE 2018, 7-11 May, in Orlando Florida.
Stop by booth #S16037 to discover how we can help you navigate through the continued changes in the plastics markets.