HOUSTON (ICIS)--Here are the top stories from ICIS News from the week ended 14 February.
The global titanium dioxide (TiO2) market is shifting into a more positive mode and should show improvement in 2020, said Mark Vergnano, CEO of Chemours.
Shintech has begun ethylene production at its new 500,000 tonne/year ethane cracker in Plaquemine, Louisiana. Toyo Engineering provided the project's engineering, procurement and construction (EPC) contract.
The fire at ExxonMobil’s Baton Rouge refinery in Louisiana may affect some chemicals produced at the nearby petrochemical plant. A butadiene (BD) pipeline is damaged and feedstock access was affected.
US February propylene contracts settled lower by 1 cent/lb amid ample supply and soft demand. Polymer-grade propylene (PGP) contracts are at 32.0 cents/lb ($705/tonne) DEL (delivered) and chemical-grade propylene (CGP) at 30.5 cents/lb DEL.
A US bankruptcy judge has approved the sale of the Philadelphia Energy Services (PES) refinery complex to Hilco Redevelopment Partners, with no plans to revive commercial operations.
A US recycling bill, called "The Break Free From Plastic Pollution Act," introduced to the nation's legislature includes a temporary moratorium on building new plants that would produce olefins and plastics.
PPT Global Chemical America (PTTGCA), one of the two developers of a proposed 1.5m tonne/year ethane cracker in Belmont, Ohio, has received $20m from JobsOhio.