Americas top stories: weekly summary
ICIS Editorial
01-Jul-2019
HOUSTON (ICIS)–Here are the top stories from ICIS News from the week ended 28 June.
Blast hits Dow’s largest Argentina
cracker
An explosion took place at Dow’s No 2 cracker
in the Bahia Blanca petrochemical complex in
Argentina, the company said.
Closing of US
Philadelphia refinery may reduce cumene
exports
The closure of a refinery that was damaged by a
fire has a cumene unit, and that could cause US
exports of the material to decline, an ICIS
consultant said.
US firm hints
that damaged Philadelphia refinery could be
sold, restarted
The wind down of a refinery in the US northeast
that was damaged by a fire will position the
complex for a sale and restart, the owner said.
US
firm plans to shut down Philadelphia refinery
after fire
Philadelphia Energy Solutions plans to shut
down its refinery in Pennsylvania within the
next month after a fire at its alkylation unit,
the mayor of the city said.
US
July BD contracts fall on weak demand, lower
costs
US July butadiene (BD) contracts settled lower
on the back of persistently weak demand coupled
with falling costs.
US June propylene contracts settle lower, track
lower spot prices
US June propylene contracts settled lower for a
majority of the market, sources confirmed,
tracking declining spot prices since late May.
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