Americas top stories: weekly summary
ICIS Editorial
21-May-2018
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 –
OPEC
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
imports
US May contract prices for
styrene-butadiene rubber (SBR) rose
by 4 cents/lb ($88/tonne) on Wednesday, fuelled
by upstream butadiene (BD).
US isocyanate
supply concerns easing following a tight
2017
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.
Dow declares
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.
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