Europe top stories: weekly summary

LONDON (ICIS)–Here are some of the top stories from ICIS Europe for the week ended 26 August.

France’s Total to sell PS business in China to INEOS Styrolution
Total has agreed to sell its polystyrene (PS) business in China to INEOS Styrolution, the French producer said on Friday.

Africa polymer prices flat and little change expected, despite shifts in fundamentals
African polymer price levels are unchanged this week as the market remains quiet due to extended holidays following Eid ul-Adha.

MOP market heats up as India settles potash deal
The global muriate of potash (MOP) market is bracing for a flurry of trading and price fluctuations after Indian buyers finalised negotiations for a crucial long-term import contract at a $50/tonne increase.

Belarus’ BPC signs potash deal with India’s IPL at $50/tonne hike
Following “challenging and lengthy” talks, the Belarusian Potash Company (BPC) has signed an agreement with Indian Potash Limited (IPL) for the supply of potash between September 2018 and June 2019, the producer said on 25 August.

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