Americas top stories: weekly summary
HOUSTON (ICIS)–Here are the top stories from ICIS News from the week ended 1 July.
US urea imports from Russia down 42% in
US imports of urea from Russia were down 42% at 302,666 tonnes in January-April, according to the ICIS Supply and Demand Database.
Weekly spot IPEX shows prices down by 2.6% on
declines across all regions
Spot chemical prices dropped by 2.6% on the back of declines across every region, according to latest figures from the weekly ICIS Petrochemical Index (IPEX).
INEOS to expand high viscosity PAO capacity at
INEOS is to expand production capacity of high viscosity polyalphaolefins (HV PAO) at its Chocolate Bayou, Texas, site by 2025, the producer said on Tuesday.
INTERVIEW: Univar Solutions aims to provide
carbon footprints for distributed products –
US-based chemicals distributor Univar Solutions is working towards providing carbon footprints for the products it distributes to provide transparency to customers and enable them to meet sustainability goals, an executive said.
INSIGHT: West Coast US port, dockworkers to
miss deadline for labour contract
Ports and dockworkers on the western coast of the US said they will miss a 1 July deadline to sign a labour agreement, leaving chemical companies at risk for more supply chain problems.
US June PP contracts settle lower on reduced
demand, weaker feedstock costs
US June polypropylene (PP) contracts settled 10 cents/lb ($220/tonne) lower from May on slower demand and reduced feedstock costs.