Americas top stories: weekly summary

ICIS Editorial

15-Sep-2017

HOUSTON (ICIS)–Here are the top stories from ICIS News from the week ended 15 September:

ExxonMobil implements allocation on US LLDPE from Beaumont plant
ExxonMobil has put hexene linear low density polyethylene (LLDPE) made in its Beaumont, Texas plant on allocation because of power and feedstock issues stemming from Hurricane Harvey, according to a letter to customers obtained on Monday.

Florida fertilizer producers weighing Irma impacts on US facilities
While residents of Florida began cleaning up and assessing damage from Hurricane Irma over the weekend, fertilizer producers in the state said on Monday that they are still weighing the impacts of the tropical system on their operations.

INSIGHT: Breaking up is harder to do as DowDuPont shifts to larger Spec Co
The planned break-up of the newly minted DowDuPont into at least three entities will become somewhat more complex as businesses with around $8bn in sales will be transferred from its Materials Science division to its Specialty Products division following a comprehensive portfolio review undertaken by consultancy McKinsey.

Mexico Alpek halts PTA supply to two M&G PET plants in LatAm
Alpek has stopped supplying purified terephthalic acid (PTA) to Mossi & Ghisolfi (M&G)-operated polyethylene terephthalate (PET) plants in Altamira, Mexico, and Suape, Brazil, as a result of past-due payments, according to a company statement that ICIS obtained on Wednesday.

US HCl rises by 17% amid tight supply
US hydrochloric acid (HCl) prices climbed during the week as an already thinly supplied market contended with the disruptions of Hurricane Harvey and its aftermath, according to the ICIS assessment on Thursday.

US September OX contracts settle higher following Hurricane Harvey
US orthoxylene (OX) contracts settled higher for September following Hurricane Harvey’s disruption of production and logistics in the Gulf coast petrochemical sector earlier this month, market sources confirmed on Friday.

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