Americas top stories: weekly summary
HOUSTON (ICIS)–Here are the top stories from ICIS News from the week ended 18 November.
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 for the majority of market participants settled 12 cents/lb ($265/tonne) lower from September after a lengthy negotiation.
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 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.
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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