Americas top stories: weekly summary

ICIS Editorial

24-Feb-2020

HOUSTON (ICIS)–Here are the top stories from ICIS News from the week ended 21 February.

SK Capital poised for more buyouts of chem carve-outs

Private equity firm SK Capital is poised to take advantage of more chemical corporate carve-out opportunities with its industry-focused expertise and broad portfolio of assets.

TFI ’20: US urea Nola barge market – bull and bear divide

There were several bullish factors cited during discussions with urea market sources on the sidelines of The Fertilizer Institute (TFI) annual Business Conference. Equally, there were just as many factors spoken about as having a negative impact on the Nola urea barge market.

China releases second batch of US products for tariff exemption

China will exempt from punitive tariffs more US goods for one year from 28 February, the Customs Tariff Commission of the State Council said. The list covers 66 products, such as wood, laser machines and auto-driving devices. Petrochemicals not included.

US AdvanSix expects continued nylon oversupply – execs

US nylon 6 producer AdvanSix will continue to face unfavourable industry conditions in nylon amid industry oversupply and weak demand in the near-term. The company has a “neutral” outlook for its ammonium sulphate (AS) and chemical intermediates businesses.

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