Americas top stories: weekly summary

HOUSTON (ICIS)–Here are the top stories from ICIS News from the week ended 5 May 2017:

AmSty nominates N America PS price decrease for May
AmSty announced a price decrease of 2 cents/lb for all grades of polystyrene (PS) in North America, effective 1 May, according to a company press release on Monday.

Initial US April ethylene contracts settle up 2 cents/lb
US ethylene contracts for April are starting to settle at an increase of 2 cents/lb, market sources said on Tuesday.

US April ethylene contracts settle up 2 cents/lb
US ethylene contracts for April settled at an increase of 2 cents/lb, market sources said on Wednesday.

Two US HCl plants to start production in Q2 and Q3
It has been 2.5 years since a wave of new hydrochloric acid (HCl) plants added capacity to the US market, though two of the six plants that were expected to launch at that time have yet to start up.

Borealis’ US Gulf Coast PE plant start up date to help dodge oversupply – CFO
Borealis’ planned large-scale polyethylene (PE) plant on the US Gulf Coast will avoid the upcoming oversupply in that market, which will return to more balanced supply and demand conditions by the time it starts up, the CFO at the Austrian polymers major said on Friday.