Americas top stories: weekly summary
ICIS Editorial
04-Dec-2017
HOUSTON (ICIS)–Here are the top stories from ICIS News from the week ended 1 December:
M&G seeks to
sell two US PET plants in Texas, W
Virginia
A US subsidiary of Mossi & Ghisolfi
(M&G) filed a motion in bankruptcy court to
begin the sales process for some of its assets
in the US, including
its polyethyleneterephthalate (PET) plants
in Texas and West Virginia.
US Dec BD fully
settles down 13%
US December butadiene (BD) contracts reached a
full settlement at a decline of 13%, sources
confirmed on Tuesday.
US November
propylene contracts begin settling up 1
cent/lb
US November propylene contracts began
settling on Wednesday at an increase of 1
cent/lb from the previous month, although the
settlement is not yet marketwide.
US Nov PP
contracts rise with propylene
hike
US November contracts
for polypropylene (PP) were assessed
higher on Thursday following upward movement
in propylene feedstock contracts.
US November
ethylene contracts begin settling down 1.5
cents/lb
US November ethylene contracts have
begun settling at a decrease of 1.5 cents/lb
from the prior month, market sources said on
Friday, but the settlement is not yet
marketwide.
US December
benzene contracts settle higher on tight
supply
US benzene contracts for December
settled higher as supply limitations kept spot
prices at elevated levels throughout the month
of November, ICIS confirmed on Friday.
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