HOUSTON (ICIS)--Here are the top stories from ICIS News from the week ended 5 October.
benzene contracts settle lower, tracking weaker
US October benzene contracts settled 13 cents/gal ($39/tonne) lower month on month at $2.85/gal free on board (FOB) US Gulf.
US October MA
faces upward pressure from
US maleic anhydride (MA) is facing upward momentum from high feedstock butane.
mid-October increase for N America
Hexion is seeking a price increase on its bisphenol A (BPA) in North America for mid-October, and plans to raise off-list prices for BPA by 5 cents/lb ($110/tonne), effective 15 October or as contracts allow.
Petchems set to
make up half of global oil demand growth to
2050 - IEA
The petrochemicals sector is expected to become an increasingly dominant force in the crude oil industry as it will represent nearly half of global crude oil demand growth to 2050, according to the International Energy Agency (IEA) on Friday.
groups welcome NAFTA replacement amid
Canadian chemical, auto and other trade groups are cautiously welcoming the new US-Mexico-Canada (USMCA) trade agreement - but there are also sceptical voices.