Americas top stories: weekly summary

Author: ICIS Editorial

2020/06/30

HOUSTON (ICIS)--Here are the top stories from ICIS News from the week ended 26 June.

US chem shares fall amid rising coronavirus cases
Most US-listed shares of chemical companies fell steeply on Friday amid rising reports of new coronavirus infections from many states.

US BD markets are amply supplied, eyeing road to demand recovery
Heading into July, US butadiene (BD) markets are amply supplied while demand has begun its road to recovery.

US IPA spot market prices steady as supply gradually eases
For the first time in more than three months, isopropanol (IPA) spot prices remained unchanged this week.

Braskem sees major PP export opportunities from new US Delta plant - CEO
Braskem sees the opportunity to export a substantial amount of the polypropylene (PP) produced from its new 450,000 tonne/year Delta plant in La Porte, Texas, US, the CEO of Braskem America said on Thursday.

US fuel ethanol spot prices decline; Q3 industrial contracts under discussion
US spot fuel ethanol prices fell this week as fears over a second wave of the coronavirus remain.

US chem shares plunge amid growing virus cases
US-listed shares of chemical companies fell sharply, as several states continue to report rising number of coronavirus cases and hospitalisations.

US VAM demand softness continues in export arena, inventories ample
The US vinyl acetate monomer (VAM) export market continues to face weakened demand with readily available supplies, adding pressure during summer months.

VIDEO: US base oil postings rise on VGO
Watch Senior Editor Amanda Hay discuss the fundamentals putting upward pressure on US base oils markets.

ADM increases industrial ethanol production at US plant
US based ethanol producer Archer Daniels Midland is increasing production of industrial alcohol at its Clinton, Iowa, corn processing complex, the company said in a statement.

Saudi Aramco to boost chem investment in Asia emerging markets
Saudi Aramco will boost its chemicals investments in emerging economies, especially in Asia, the head of its downstream business told ICIS on Monday.

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