Europe top stories: weekly summary
ICIS Editorial
07-Aug-2017
LONDON (ICIS)–Here are some of the top stories from ICIS Europe for the week ended 6 August.
Shell’s Pernis outage hits chemical
markets with several force
majeures
A fire and power outage
at Europe’s largest refinery, Pernis in the Netherlands, on
29 July may have disrupted summer holiday plans for some
traders and executives at Anglo-Dutch energy major Shell as
the extent of the damage became clear by the beginning of the
week.
Europe August PP pricing talks under
way with some
settlements
European August
polypropylene (PP) pricing discussions are getting under
way and settling in some cases, sources said on
Thursday.
France’s Arkema Q2 net profit rises
on higher specialties
margins
Arkema’s second-quarter
net profit increased 8.8% year on year to €160m, backed by
higher margins from its industrial specialties business, the
French producer said on Wednesday.
Shell Pernis refinery outage boosts
products trading,
sentiment
Trading activity and
prices for certain refined products are stronger following an
outage at Shell’s Pernis refinery in the Netherlands, while
other products have benefitted from a boost in
sentiment, industry sources said on Tuesday.
Shell shuts ‘most units’ at
Netherlands Pernis facility after
fire
Royal Dutch Shell has shut
down “most of its units” at its Pernis facility in Rotterdam
after a fire struck the facility late on 29 July, the
Anglo-Dutch crude and chemicals major confirmed on
Monday.
(Please click the link to read the full story)
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