Americas top stories: weekly summary

Author: ICIS Editorial

2020/02/17

HOUSTON (ICIS)--Here are the top stories from ICIS News from the week ended 14 February.

INTERVIEW: ‘The tide is turning’ for global TiO2 outlook - Chemours CEO

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 starts up new US Louisiana cracker

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.

US ExxonMobil Baton Rouge refinery fire may affect some chemicals

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 settle down 1 cent/lb

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.

Judge approves PES complex sale to developer, no plans to restart refinery

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.

US recycling bill seeks moratorium on new crackers, plastic plants

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.

JobsOhio provides another $20m for PTTGCA and Daelim’s proposed ethane cracker

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.