Americas top stories: weekly summary

Source: ICIS News


HOUSTON (ICIS)--Here are the top stories from ICIS News from the week ended 8 December:

Robust global crude demand, WTI discount driving US NGL conversion project
Strong demand for cheaper, US-produced crude oil is fuelling a pipeline conversion project, following suit from several other projects that are sending US crude oil to global markets.

Intrexon plans to capitalise on natgas/bio-based BD
US-based Intrexon expects to find a consistent market for natural gas- and bio-based butadiene (BD), the company said.

INSIGHT INTERACTIVE: Global IPEX bucks crude oil trend, falls 0.9% in November
Falling butadiene (BD) prices and higher priced benzene were the main influences on the ICIS regional and global petrochemical indexes in November, which fell 0.9% and bucked the upward trend in crude oil prices, ICIS data showed on Tuesday.

US Tronox confident on Cristal TiO2 deal, despite FTC objections - CEO
US titanium dioxide (TiO2) producer Tronox remains confident about completing its planned acquisition of the TiO2 business of Saudi Arabia-based Cristal – despite objections from a US regulatory authority, the company’s CEO said in an update on Thursday.

Canada NOVA picks Ontario for new PE plant
NOVA Chemicals has chosen Sarnia in Ontario province to build a new linear low density polyethylene (LLDPE) plant, the Canadian polyolefins producer said on Friday.