US ethylbenzene lower on benzene, styrene

16 September 2016 23:39 Source:ICIS News

HOUSTON (ICIS)--The US ethylbenzene range moved lower this week on lower upstream benzene and downstream styrene values.  

US ethylbenzene is produced mainly for the manufacture of styrene, and most of it is used captively. ICIS assesses ethylbenzene prices on a formula based on ethylene and benzene prices, with a styrene component.

US ethylbenzene was assessed at 32.81-37.62 cents/lb on Friday, compared with 34.05-37.95 cents/lb a week ago.

Major ethylbenzene producers in the US include Cosmar-Total/Carville, LyondellBasell, Chevron Phillips Chemical, Dow Chemical and Westlake.

By Jessie Waldheim