Americas top stories: weekly summary
ICIS Editorial
06-Mar-2017
HOUSTON (ICIS)–Here are the top stories from ICIS News from the week ended 10 March 2017:
US spot methanol falls for first
time in 2017
US methanol spot
prices were assessed lower on Friday, as trading activity
fell silent, following the dramatic fall of crude oil.
US spot benzene falls on lower
crude
US spot benzene prices were assessed sharply lower on Friday
as the aromatic was pressured by weakening upstream crude oil
values and by lower benzene prices in Asia.
US April oxo-alcohols price-hike
efforts surface
New price-hike initiatives for US April oxo-alcohols freely
negotiated contracts were expected, sources said on Friday.
US brightstock prices soar on
tight supply
US brightstock base oil prices are soaring in the domestic
market and at the Brownsville, Texas, location for material
moving into Mexico, buyers and sellers said on Friday.
PODCAST: Crude oil experiences
length liquidation
In this episode of the ICIS Americas podcast,
news reporter David Haydon speaks to senior editor
Ignacio Sotolongo about past, recent and possible future
movements in crude oil prices. The discussion ranges from the
recent losses as well as high inventories in the US.
US Q2 fatty alcohol contract
negotiations pending
US fatty alcohol buyers and sellers said second quarter
contract negotiations are pending with no offers yet in the
market, according to the ICIS Global Fatty Alcohol report on
Thursday.
Congress should tackle carbon
emission regulation – EPA chief
US Environmental Protection Agency (EPA) administrator Scott
Pruitt questioned on Thursday whether it has the authority to
regulate carbon emissions, adding that Congress should take
the lead to draft such regulations.
US may have a third petrochemical
wave – Dow executive
The US could have a third wave of new petrochemical plants if
the nation can successfully reform taxes and regulations, an
executive with Dow Chemical said on Wednesday.
US Enterprise’s PDH plant to be
fully commissioned in Q2
Enterprise Products Partners’ long-delayed propane
dehydrogenation (PDH) unit at the Mont Belvieu natural gas
liquids (NGL) hub in Texas will be fully commissioned in the
second quarter, with production to begin in July, a
senior executive for the US midstream energy and
petrochemicals firm said on Wednesday.
Mexico Pemex stabilises ethane
supplies – CEO
Mexican state energy producer Pemex has stabilised ethane
supplies following months of declines, the company’s CEO said
on Tuesday.
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