Europe top stories: weekly summary

07 August 2017 10:30 Source:ICIS News

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.

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By Staff Reporter