Americas top stories: weekly summary

HOUSTON (ICIS)–Here are the top stories from ICIS News from the week ended 10 June.

INTERVIEW: Trinseo to focus M&A on low carbon intensity, high margin businesses – CEO
Trinseo will focus its mergers and acquisitions (M&A) strategy on low carbon intensity and high margin businesses as it works on divesting its styrenics business and digesting two major recent acquisitions, its CEO said on Monday.

Ethane prices continue to hit multiyear highs
Ethane prices continue to rise at multiyear highs, increasing to 68 cents/gal on 6 June.

INSIGHT: US policy must catch up to enable investment in sustainability driven projects
US policy must quickly catch up with the transition to sustainability and a net zero carbon emissions future amid a fast-changing global energy landscape to enable critical investment and innovation in the chemicals industry.

Chemicals and plastics demand solid and steady despite recession fears – CEOs
Chemicals and plastics demand is holding steady at healthy levels even amid recession fears and overall macroeconomic uncertainty, industry executives said.

US trade data suggest slowing BD imports
US April butadiene (BD) imports were down by 12% year on year, according to ICIS trade data, which is the first decline in 2022 and an indicator of reduced import need.

INEOS to lift force majeure on PP from US California plant
INEOS will lift the force majeure declaration impacting certain grades of polypropylene (PP) from its Carson, California plant as of 13 June, according to a customer letter.