Americas top stories: weekly summary
ICIS Editorial
09-Oct-2017
HOUSTON (ICIS)–Here are the top stories from ICIS News from the week ended 6 October:
EPCA ’17: US
response to Harvey highlights safety –
AFPM
BERLIN (ICIS)–The refining and petrochemical
hub along the US Gulf Coast faced major
challenges because of severe flooding from
Hurricane Harvey, but an industry group
representative said on Monday that companies
responded fairly well while keeping safety in
mind.
US Aug, Sep
ethylene contracts settle
higher
HOUSTON (ICIS)–US ethylene contracts
for August and September have settled at
increases of 2 cents/lb and 4 cents/lb,
respectively, following market disruptions from
Hurricane Harvey, market sources said on
Tuesday.
Electric vehicles
could be next big thing for chemicals – BASF’s
Bock
NEW YORK CITY (ICIS)–The nascent electric
vehicle (EV) market could bring significant
opportunities for the chemical industry,
according to BASF Chairman Kurt Bock.
BASF seeks
ongoing transformation in uncertain world –
CEO
NEW YORK CITY (ICIS)–Germany-based BASF is
aiming to constantly transform its portfolio in
a pragmatic fashion to position itself for
sustainable long-term growth, its CEO said.
US Group I base
oil light grades up on tight Group II
supply
HOUSTON (ICIS)–Tight supply of US Group II
base oils in October is pushing up market
prices for light grade Group I viscosities,
buyers and sellers said on Thursday.
LANXESS aims to
grow in mid-sized specialty chem
markets
Germany-based LANXESS aims to grow in mid-size
specialty chemical markets that offer strong
margins, the CEO of its North American
operations said.
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