Americas top stories: weekly summary
ICIS Editorial
01-Mar-2021
HOUSTON (ICIS)–Here are the top stories from ICIS News from the week ended 26 February.
Some US chem plants could take weeks to restart
after winter storm
Chemical plants on the US Gulf Coast could
begin to restart within days or weeks,
depending on whether they have access to
feedstock and utilities and whether they
avoided an unexpected cold shutdown, which
cokes furnaces and chunks reactors.
Styrene plant disruptions may bring further
tightness to the North American EPS
market
Widespread outages at upstream styrene
producers in the US Gulf following last week’s
winter storm could bring further supply
tightness to the North American expandable
polystyrene (EPS) markets.
US winter storm disrupts supply chain for
automotive industry
The polar wave that swept through the US Gulf
Coast has disrupted supply chains throughout
the country, including intensifying
the global semiconductor
shortage after several chip
manufacturing plants were forced to shut down.
Roehm mulls 250,000 tonne/year MMA plant at OQ
Chemicals US Gulf Coast site
Roehm has signed a memorandum of understanding
(MoU) with OQ Chemicals to potentially build a
250,000 tonne/year methyl methacrylate (MMA)
plant in the US Gulf Coast, the German
chemicals producer said on Tuesday.
Commodity chemicals to get big earnings boost
from US storm impact –
Jefferies
Jefferies on Wednesday boosted profit estimates
for a number of commodity chemicals companies,
with significant gains for LyondellBasell, Dow,
Covestro and Methanex, on the US winter storm
impact.
US distributor Univar analysing inventory amid
loss of US Gulf production after winter
storm
US-based international chemicals distributor
Univar said on Thursday that it is looking at
current inventory in order to keep customers
supplied amid the uncertainty of when chemical
plants knocked offline in last week’s
winter storm will
start back up.
INEOS Styrolution declares force majeure on
North American PS
INEOS Styrolution has declared force majeure on
all grades of polystyrene (PS) in North
America, according to a customer letter.
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