Americas top stories: weekly summary
ICIS Editorial
30-Jun-2020
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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