LONDON (ICIS)--Here are some of the top stories from ICIS Europe for the week ended 12 July.
trundle through July amid hopes of post-summer
European oxo-alcohol players are bracing themselves the for the summer season and pinning hopes on a degree of revival in demand in September.
to build flagship 750,000 tonne/year cumene
plant in Marl, Germany
INEOS is to develop a 750,000 tonne/year cumene plant in Marl, Germany, to be completed in 2021, the Switzerland-headquartered chemicals producer said on Thursday.
profit warning signals major chemicals slowdown
in second half
BASF’s profit warning signals a major slowdown for the petrochemicals sector globally into the second half of the year.
BASF’s stock down as
sharply weaker guidance hints at ‘more pain’
BASF shares were trading down on Tuesday morning after the German chemical major’s core business suffered “sharply weaker than expected” trading conditions in the second quarter, chemicals analysts said
Europe naphtha, LPG
cracker margins fall on lower July
European cracker margins have fallen week on week on the back of declines in the relevant July contract reference prices, according to ICIS margin analysis on Monday.