LONDON (ICIS)--Here are some of the top stories from ICIS Europe for the week ended 31 July.
Europe capro, nylon
demand slowly picks up but uncertainty
Europe caprolactam (capro), nylon 6 and nylon 6,6 markets are expected to continue trading reduced volumes for quite some time, as downstream demand recovery is likely to be prolonged and slow.
DuPont hit hard in second
quarter by automotive market decline
A significant non-cash impairment charge related to near-term weakness in the automotive industry hit DuPont’s earnings in the second quarter, the company said on Thursday.
Solvay manages to weather
severe headwinds in downstream
Despite its position as a specialty chemical producer, Solvay is not far-enough removed from the global economic storm to come away unscathed.
INSIGHT: BASF remains
cautious in face of limited order
BASF’s comments on Wednesday on visibility and the third quarter show how cautious the German chemicals major is in the face of the uncertain recovery this July and August from coronavirus lockdowns.
European naphtha prices
held back by static crude, increased
Outright values in the European open-specification naphtha spot market have been held back by increased inflows from the US which have compounded overwhelming inventory levels, slowing demand from petrochemical units and a stagnating upstream crude futures market.
rules EU anti-dumping duties on Russian AN
The World Trade Organization (WTO) has found that anti-dumping duties (ADD) applied on Russian ammonium nitrate (AN) by the EU were unlawful.