HOUSTON (ICIS)--Here are the top stories from ICIS News from the week ended 08 May.
VIDEO: Recycled plastics demand falls
by the wayside amid low oil prices during
Watch News Reporter, Juhi Varma, discuss the state of the recycled plastics industry during the coronavirus pandemic.
US IPA prices see modest price declines
as supply increases
While demand for isopropanol (IPA) continues to be strong due to surging demand for hand sanitizers, prices are starting to come down from previous highs.
INSIGHT: US sulphuric acid yet to feel
supply squeeze despite lower
The US sulphuric acid market has remained mostly balanced despite the pandemic and feedstock constraints.
Michigan reopening prompts firm dates
for Big 3 automaker restarts
US automakers firmed restart dates for 18 May as Michigan announced phased reopening plans following coronavirus-related shutdowns.
US PET demand may be showing first
signs of weakness
Demand for US polyethylene terephthalate (PET) remains strong, supported by sustained buying activity from the end-user segment - mainly at supermarkets via food packaging, according to many market participants.
INTERVIEW: Chemours TiO2 capacity
expansions to be stretched out on capex cuts -
Chemours will stretch the timing of its titanium dioxide (TiO2) capacity expansions toward 2021-2022, as it cuts capital spending (capex) on growth projects in 2020.
US Green Plains expects China to stick
to trade agreement, make ethanol
US ethanol producer Green Plains said it still expects China to stick to the first phase of the US-China trade agreement that requires ethanol purchases.
US April ethylene contracts settle at
18-year low on ample supply, soft
US April ethylene contracts settled for the majority of participants at a decrease of 1.25 cents/lb ($28/tonne), as lower spot prices outweighed higher cash costs amid muted demand.
PODCAST: US acrylates show signs of
recovery amid ample supply, mixed
While the US glacial acrylic acid and acrylate esters markets face ample supply and mixed demand, there are some indicators pointing towards a recovery later in the year.