HOUSTON (ICIS)--Here are the top stories from ICIS News from the week ended 18 May
89% of non-OPEC
2018 supply growth from US –
Nearly 90% of the projected 1.7m bbl/day crude supply growth expected this year from non-OPEC countries is likely to come from the US, with the country also standing as the key driver of global uncertainty in the market, club of oil-producing nations OPEC said on Monday.
US May SBR up on
feedstocks, opens opportunities for
US May contract prices for styrene-butadiene rubber (SBR) rose by 4 cents/lb ($88/tonne) on Wednesday, fuelled by upstream butadiene (BD).
supply concerns easing following a tight
Isocyanate supply concerns in the US are said to be starting to ease following a period of persistent supply tightness which lasted throughout 2017 and through the first quarter of 2018.
global force majeure on VAM
Dow Chemical declared a global force majeure on vinyl acetate monomer (VAM), citing production issues related to an external supplier of raw material, according to a company confirmation obtained on Friday.