Europe top stories: weekly summary

14 July 2014 09:00 Source:ICIS News

LONDON (ICIS)--Here are some of the top stories from ICIS Europe for the week ended 13 July 2014.

Europe spot ethylene softens in north, firms in south
Spot ethylene prices are moving in opposite directions: softer in the north, stable to firmer in the south, largely reflecting differences in supply fundamentals, market sources said on Friday.

Europe benzene spot still firm in tight market
European benzene spot numbers have remained firm so far in July, sources said on Thursday, with offers reaching $1,500/tonne midweek amid tight regional availability.

Europe styrene facing upward pressure as Q3 unfolds
European styrene spot levels have started to firm, sources said on Wednesday, with more buyers stepping into the market and sentiment for the third quarter gradually picking up after a sluggish first half of the year.

Strategic review prompts AkzoNobel paper chems unit divestment
AkzoNobel’s decision to sell its paper chemicals business to Finland-based Kemira was taken after the business was judged to be non-core, the Netherlands-headquartered paints and coatings specialist said on Tuesday.

Europe PE buyers and sellers square up for July discussions
Polyethylene (PE) players in Europe are preparing for July pricing discussions that are likely to be protracted and difficult, sources agreed on Monday.

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By Staff Reporter