Americas top stories: weekly summary

HOUSTON (ICIS)–Here are the top stories from ICIS News from the week ended 21 July 2017:

Americas Styrenics seeks US Aug PS price hikes
US polystyrene (PS) producer Americas Styrenics has nominated a 2 cent/lb ($44/tonne) increase in the transaction price for all grades of PS that it makes, the company said on Monday.

BASF begins US DOTP plasticizer production in Texas
BASF started the production of dioctyl terephthalate (DOTP) at its plant along the US Gulf, the Germany-headquartered producer announced on Tuesday.

BASF’s new DOTP plasticizers plant to keep US market competitive
Dioctyl terephthalate (DOTP) production from BASF’s new plasticizers plant along US Gulf is expected to improve supply and increase competition in the US market place, sources said.

US July barge acetone contracts initially settle up 1.3%
US July barge acetone contracts reached an initial settlement up 1.3%, sources said on Wednesday.

Initial US August BD contract nominated at 8 cent/lb decline
US butadiene contract prices for August have been nominated by a producer at an 8 cent/lb decline, sources said on Thursday.

US LyondellBasell allocates $2.4bn for new PO, TBA plant in Texas
LyondellBasell has taken a final investment decision on the construction of a propylene oxide (PO) and tertiary butyl alcohol (TBA) plant at its Channelview, Texas, site with a total capital expenditure (capex) of $2.4bn, the US chemical major said on Friday.