HOUSTON (ICIS)--Here are the top stories from ICIS News from the week ended 9 February:
Chem stocks drop
as Dow falls more than 6% during the
Chemical stocks fell as the Dow Jones Industrial Average dropped by more than 6% on Monday, before the index recovered to close at a decline of 4.60%.
US cracker mechanically complete, commissioning
ExxonMobil’s new ethane cracker at Baytown, Texas, is mechanically complete, with commissioning progressing well, the US-based energy and chemicals major said on Tuesday.
force majeure on US LLDPE, HMW
Formosa Plastics USA has declared force majeure on all of its linear low density polyethylene (LLDPE) and Formolene bimodal high molecular weight (HMW) polyethylene (PE) products, it said in a Wednesday customer letter.
Chems fall again
as Dow falls 4.15%
Chemical stocks plunged on Thursday as the Dow Jones Industrial Average had a second large sell-off this week, falling by 4.15% percent.
North America Q1
TiO2 prices move higher on supply, demand
North America Q1 TiO2 contract prices settled higher on Friday on continued pressure from healthy demand and tight supply.