Americas top stories: weekly summary
ICIS Editorial
14-May-2018
HOUSTON (ICIS)–Here are the top stories from ICIS News from the week ended 11 May:
Formosa Plastics
picks process tech for US PE, PP units in
Texas
Formosa Plastics Corp USA has chosen the
process technologies that it will use in
the polyethylene (PE)
and polypropylene (PP) plants it is
building in Point Comfort, Texas, the company
said on Monday.
NPE ’18: Mexico’s
Pemex to have more ethane for its PE
plants
Mexico’s Pemex expects to increase production
of polyethylene (PE) this month with
availability of
additional ethane volumes during the
stoppage of Braskem Idesa plant, scheduled to
start in mid-May, a company source said on
Tuesday on the sidelines of this year’s
National Plastics Exposition (NPE).
NPE ’18: Shell’s
US Pennsylvania petrochemical project under
construction
Shell Chemical is continuing construction at
its greenfield petrochemical investment in
Beaver County, Pennsylvania, said Michaell
Marr, business integration lead, on the
sidelines of the National Plastics Exposition
(NPE) on Tuesday. The site was graded at
the end of last year, and vertical
foundations for the cracker facility are
currently being put into place, Marr said.
US ACC sets goals
to recycle, recover all plastic packaging by
2040
The American Chemistry Council’s (ACC) Plastics
Division has established three goals for the
recycling and recovering of all plastic
packaging in the US by 2040, the industry group
said on Wednesday.
NPE ’18:
Sustainability, circular economy persist as
trends for plastics
Sustainability will continue to be a trend
driving the plastic packaging industry, with
recycled polyethylene terephthalate
(R-PET) at the forefront of the circular
economy effort, delegates said at this year’s
National Plastics Exposition (NPE).
Braskem selects
lead mechanical subcontractor for new US PP
line in La Porte
US-based Bilfinger Westcon will be the lead
mechanical subcontractor for Braskem’s new
450,000 tonne/year polypropylene (PP)
line in La Porte, Texas, the
Brazil-headquartered producer announced on
Thursday.
Proposed Chinese
tariffs on propane may boost US PP –
Braskem
China’s proposal to impose retaliatory tariffs
on US exports of propane could
increase US margins
of polypropylene (PP), the head of
Braskem said on Thursday.
US ethylene spot
prices slump amid long supply, leading to unit
shutdown
US ethylene spot prices slumped this week on
the back of long supply and soft sentiment,
causing a unit to be shut down due to poor
margins.
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