Americas top stories: weekly summary

ICIS Editorial

21-Nov-2022

HOUSTON (ICIS)–Here are the top stories from ICIS News from the week ended 18 November.

UK Venator to close $140m sale of iron oxides unit on 31 March

Venator Materials expects to close on the $140m sale of its iron oxides business to Cathay Pigments on 31 March 2023, the UK-based pigments producer said on Friday.

US October propylene contracts settle after lengthy negotiation

US October propylene contracts for the majority of market participants settled 12 cents/lb ($265/tonne) lower from September after a lengthy negotiation.

CP Chem, QatarEnergy reach FID on integrated polymers facility on US Gulf Coast

Chevron Phillips Chemical (CP Chem) and QatarEnergy have reached a final investment decision (FID) to proceed with their $8.5bn integrated polymers project at Orange, Texas, the two companies said on Wednesday.

Shell starts up 1.6m tonne/year Pennsylvania PE complex

Shell has commenced operations at its Monaca, Pennsylvania polymers complex, the company said on Tuesday, which will bring a projected capacity of 1.6m tonnes/year of polyethylene (PE) to the northeastern US.

APLA ’22: Argentina YPF to start up chemical-recycling pilot in Q1

YPF plans to start up a chemical-recycling pilot plant in the first quarter of 2023, an executive for the Argentine state-owned energy producer said on Monday.

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