Americas top stories: weekly summary

25 September 2017 15:00 Source:ICIS News

HOUSTON (ICIS)--Here are the top stories from ICIS News from the week ended 22 September 2017:

US Huntsman estimates Harvey impact at $35-40m
Huntsman has estimated the financial loss from Hurricane Harvey at $35-40m although an extended turnaround at its Port Neches site in Texas will in part offset the impact in the third quarter, the US chemical major said on Monday.

US Sept truck/rail acetone prices could surge on tight supply, RGP
US truck and rail acetone prices in the US Gulf and Midwest could surge on tight supply and higher feedstock costs, sources said on Monday.

CP Chem commissions new US PE units at Texas site
Chevron Phillips Chemical (CP Chem) has successfully completed commissioning and begun start-up of its new polyethylene (PE) units at Old Ocean, Texas, the US petrochemicals major said on Tuesday.

Contractor releases workers from M&G US PET project
Fluor released 274 workers from the polyethylene terephthalate (PET) plant under construction by Mossi & Ghisolfi (M&G) in Corpus Christi, Texas, according to information obtained on Wednesday.

Early US Q4 melamine contracts agreed at rollovers
As negotiations for US melamine contracts for the fourth quarter pick up steam, some agreements have already been finalised at rollover pricing, market participants said on Wednesday.

US DowDuPont starts up new Texas cracker, PE plant
DowDuPont Materials Science, the business division of DowDuPont to be named Dow, on Thursday announced the start-up of its new integrated world-scale ethylene production facility and its new ELITEenhanced polyethylene (PE) production facility, both in Freeport, Texas.

US September MEG contracts increase on tighter US markets
US September ethylene glycol industrial-grade (EGI), or monoethylene glycol (MEG), contract prices have been assessed at an increase from August based on market feedback.

By Staff Reporter