HOUSTON (ICIS)--Here are the top stories from ICIS News from the week ended 1 February.
acetic acid capacity at Clear Lake, Texas
Celanese is expanding its acetic acid facility in Clear Lake, Texas, as it looks to reconfigure its global acetic acid production network through a number of value-creating steps, the global chemicals and specialty materials firm said on Monday.
US ExxonMobil to
raise refining capacity at Beaumont by
ExxonMobil plans build a new crude unit at its refinery in Beaumont, Texas, which will increase the refining capacity at the site by 65% or 250,000 bbl/day, the US-based company said on Tuesday.
US BD supply
eases following tight year
US butadiene (BD) supply should continue to improve amid a wave of cracker startups slated for 2019. So far in early 2019, longer supply has kept prices relatively stable compared with the tightness of 2018.
expects de-stocking to persist into second
DowDuPont expects the de-stocking to continue through the first quarter and into the second, continuing a trend that arose at the end of 2018, the US-based chemical producer said on Thursday.
benzene contracts settle higher for first time
in five months
US February benzene contracts settled 10 cents/gal ($30/tonne) higher at $1.93/gal free on board (FOB) US Gulf, marking the first increase in five months.