Americas top stories: weekly summary
ICIS Editorial
19-Apr-2021
HOUSTON (ICIS)–Here are the top stories from ICIS News from the week ended 16 April.
NOVA targets ’22 start-up of Canada cracker, PE
project
NOVA Chemicals has surpassed 65% completion for
its second Advanced SCLAIRTECH technology (AST)
polyethylene (PE) unit and the third phase of
its Corunna cracker expansion project, the
company said on Monday.
Industry must act fast on plastics recycling as
societal pressure mounts
The chemical industry must accelerate
investment in plastics recycling to achieve
scale as activist and government pressures
mount, the former CEO of Equate and MEGlobal
said on Tuesday.
US IPA domestic supply lengthens following
LyondellBasell announcement; imports
decline
Although isopropanol (IPA) imports for the most
recently available month declined, domestic
supply improved following news of more
favourable sales allocation numbers for buyers.
Canada chems eye 5% growth, but Michigan
pipeline shutdown would hit
hard
Canada could see a year on year increase in the
value of its chemical shipments of close to 5%
in 2021, with a range of 3-7%, the CEO of
Chemistry Industry Association of Canada (CIAC)
told ICIS in an interview.
US crackers will be fuelled by hydrogen to
reduce carbon footprint
US crackers will eventually be fuelled by
hydrogen rather than natural gas as the main
energy source to significantly bring down their
carbon footprint, the former CEO of Equate and
MEGlobal said.
Pinnacle Polymers declares force majeure on PP
copolymers from US Louisiana
plant
Pinnacle Polymers has declared force majeure on
the supply of impact and random copolymers
effective immediately, according to a customer
letter dated 14 April.
Canada’s Trudeau urged to take lead in Michigan
pipeline dispute
Canada’s opposition Conservatives want Prime
Minister Justin Trudeau to take the lead in
resolving the ongoing dispute over the planned
shutdown by Michigan of Enbridge’s “Line 5” oil
pipeline.
Tight US BD supplies expected into May,
challenging downstream consumers through
Q2
US butadiene (BD) supplies remain tight in
April as producers slowly recover from polar
storm-related outages, challenging downstream
consumers that also need to rebuild
inventories.
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