Americas top stories: weekly summary

07 August 2017 15:00 Source:ICIS News

HOUSTON (ICIS)--Here are the top stories from ICIS News from the week ended 4 August 2017:

US August benzene contracts settle lower, tracking spot prices
US benzene contracts for August settled on Monday at a decrease of 2-3 cents/gal, putting prices at $2.48-2.49/gal FOB (free on board) US Gulf.

CP Chem's US PE units on track for Q3 startup - Phillips 66
US refiner Phillips 66 said on Tuesday that its joint-venture Chevron Phillips Chemical (CP Chem) polyethylene (PE) plants in Texas are on schedule to start up by the end of Q3.

Initial US July ethylene contracts settle down 1.25 cents/lb
Initial US ethylene contracts for July have settled at a decrease of 1.25 cents/lb from June, market sources said on Wednesday, although the agreement is not market-wide.

US July ethylene contracts settle down 1.25 cents/lb, not market-wide
US ethylene contracts for July have settled for most participants at a decrease of 1.25 cents/lb from June, but the agreement was not market-wide, market sources said on Wednesday.

Brazil distributor Anastacio eyes regional growth after quintupling local sales – CEO
Following 15 years of expansion in its domestic Brazilian market, chemical distributor Industria Quimica Anastacio now aims to expand further afield in the Latin American region, the company’s CEO said this week.

Enterprise US PDH plant in Texas to start up in September
US midstream major Enterprise Products Partners said on Thursday that it expects its propane dehydrogenation (PDH) unit in Texas to start initial operations in September.

ExxonMobil looking into capacity expansion at Texas refinery in US
ExxonMobil is evaluating an additional expansion of light crude refining capacity at its operations in Beaumont, Texas, the company's public and government affairs representative Charlotte Hufftaker said on Friday.

US Permico Energia to build NGL pipeline to Gulf Coast
Permico Energia plans to build a 510 mile (821km) pipeline from the Permian basin in west Texas to a new fractionator it will build near Corpus Christi, according to information obtained on Friday.

By Staff Reporter