Americas top stories: weekly summary

Source: ICIS News

2019/02/18

HOUSTON (ICIS)--Here are the top stories from ICIS News from the week ended 15 February.

US February OX contracts increase for first time since November
US February orthoxylene (OX) contracts increased 3 cents/lb ($66/tonne) from January, sources confirmed on Monday, amid higher US spot mixed xylenes (MX) prices pressured up by tightening supply during refinery maintenance season.

US Huntsman to build MDI splitter in Geismar, Louisiana
US-based Huntsman plans to build a methylene diphenyl diisocycanate (MDI) splitter at its complex in Geismar, Louisiana, the company's CEO said on Tuesday.

Sasol starts up US Louisiana LLDPE unit, achieves beneficial ops
Sasol has achieved beneficial operations of the US linear low density polyethylene (LLDPE) unit at its Lake Charles Chemicals Project (LCCP) in Louisiana, the company said on Wednesday.

US Trinseo sees January demand recovery but uncertainty looms
Business for Trinseo showed signs of recovering in January, but the outlook for the rest of 2019 is still unclear, the CEO of the US-based styrenics producer said on Thursday.

Shintech commissioning 500,000 tonne/year US ethylene plant
Shintech’s 500,000 tonne/year US ethane cracker in Plaquemine, Louisiana is in commissioning as engineers fine-tune operations and make final alterations, the company’s parent said in an email received Friday.