Americas top stories: weekly summary

HOUSTON (ICIS)–Here are the top stories from ICIS News from the week ended 14 June.

Texas state bills opposed by Port Houston likely will become law
State legislation opposed by Port Houston that would limit vessel size on the ship channel may become law soon unless Texas Governor Greg Abbott issues a veto.

ExxonMobil/SABIC eye ’22 start-up for new US complex in Texas
A joint venture made up of ExxonMobil and SABIC expects its new petrochemical complex in Texas will start up by 2022, they said.

US polyether polyol prices move higher on stronger propylene
US polyether polyol prices were assessed 3 cents/lb ($66/tonne) higher, tracking rising propylene feedstock costs.

INEOS seeks tax incentives for possible US styrene plant
INEOS Styrolution has applied for a tax incentive from the US state of Texas for a possible ethylbenzene and styrene monomer plant in La Porte, according to the application.

US Hexion expects to go public after leaving bankruptcy protection
Hexion expects its stock to be publicly traded after it emerges from Chapter 11 bankruptcy protection later this year, the US-based thermoset resin producer said.