HOUSTON (ICIS)--Here are the top stories from ICIS News from the week ended 23 February.
NOVA joint venture cracker in Texas already
The 1m tonne/year ethane cracker as part of the joint venture (JV) between Total, Borealis and NOVA Chemicals in Port Arthur, Texas, US, is already under construction, the companies confirmed on Tuesday.
US February PP
contracts settle lower, tracking propylene
February contracts for US polypropylene (PP) settled 6 cents/lb ($132/tonne) lower, tracking a similar decline in monomer costs for the month.
contracts for SBR move up on higher
US February contract prices for styrene butadiene rubber (SBR) were assessed 3.5 cents/lb ($77/tonne) higher on Wednesday.
oxo-alcohols prices move up on supply,
US February oxo-alcohols free-market contract prices were assessed higher on Thursday by 7-9 cents/lb ($154-198/tonne) on some supply constraints and pressure from January feedstock propylene.
Dow lifts force
majeure on US MDI
Dow Chemical has lifted its force majeure on methyl di-p phenylene isocyanate (MDI) in the US, the company confirmed on Friday.