Americas top stories: weekly summary
ICIS Editorial
16-May-2022
HOUSTON (ICIS)–Here are the top stories from ICIS News from the week ended 13 May.
INSIGHT: Tight US refined
products markets through summer, likely
weighing on base oils supply
US refiners expect strong product demand to
outpace available supply at least through peak
driving season, which is likely to keep US base
oil supplies tight.
Shell
plans to boost bio-based alcohol and
ethoxylates capacity at Norco –
exec
Shell plans to increase capacity for the use of
bio-based feedstocks to produce alcohol and
alcohol ethoxylates capacity at its Norco,
Louisiana, site, an executive said on Tuesday.
INTERVIEW: No signs of
demand destruction amid rising TiO2 prices –
Chemours exec
Amid rising titanium dioxide (TiO2) prices,
there are no signs of demand destruction with
inventories low across the value chain and
consumers still seeking supply that continues
to be constrained, a senior executive at
Chemours said on Tuesday.
INSIGHT: Can US, global
economies avoid recession amid a whirlwind of
headwinds?
Can the US and major economies around the world
avoid a recession in the face of what can only
be called a whirlwind of headwinds?
High
inflation to dent demand; supply chain costs
increase by up to 60% in Q1 – SABIC
CEO
SABIC is facing “numerous challenges” related
to supply chain woes as well as higher
production costs while high inflation could end
up denting end demand, the CEO at the Saudi
petrochemicals major said on Thursday.
INSIGHT: US TSCA missing
deadlines for chem reviews –
ACC
The US TSCA programme, which reviews the safety
of chemicals, is missing deadlines, a
development that is preventing the introduction
of new materials and threatening manufacturing
and supply chains, the American Chemistry
Council (ACC) said in a recent report.
US
PVC gets inquiries from Ukraine after two
months of silence
US suppliers of polyvinyl chloride (PVC) are
getting inquiries from plastics processors in
Ukraine, a surprise development in a
war-torn market that has been almost completely
silent in recent weeks.
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