Asia top stories - weekly summary

Author: ICIS Editorial

2019/12/02

SINGAPORE (ICIS)--Here are the top stories from ICIS News Asia and the Middle East for the week ended 28 November 2019.

Asia’s caustic soda market to remain well-supplied into December
Asia’s caustic soda market is expected to remain well-supplied into December amid sluggish demand and global economic slowdown.

Deep-sea BD supply to Asia to dwindle after US plant blasts
Deep-sea butadiene (BD) supply to Asia will dwindle following explosions that hit a major US plant, with shipments to the region in December likely to be affected.

Asia PP capacity expansion poses challenges to Mideast suppliers
Significant polypropylene (PP) capacity expansion in Asia could squeeze the market share of Middle East suppliers in the region.

Asia TiO2 December outlook bearish as Chinese demand shrivels up
Asia’s titanium dioxide (TiO2) market outlook in December remains bearish, with demand in China expected to taper down in the weeks ahead.

INSIGHT: Saudi Aramco valued at up to $1.7tr; share offers begin
Saudi Aramco’s valuation is expected to be as much as $1.7tr based on the high end of the price range of the initial public offering (IPO) of the world’s biggest crude exporter.