Americas top stories: weekly summary
ICIS Editorial
04-Feb-2019
HOUSTON (ICIS)–Here are the top stories from ICIS News from the week ended 1 February.
Celanese expands
acetic acid capacity at Clear Lake, Texas
facility
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
65%
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.
US DowDuPont
expects de-stocking to persist into second
quarter
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.
US February
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.
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