Americas top stories: weekly summary

23 October 2017 15:00 Source:ICIS News

HOUSTON (ICIS)--Here are the top stories from ICIS News from the week ended 20 October.

US Celanese to expand compounding, resin capacity
US-based compounder and resin producer Celanese plans to expand capacity at several sites throughout the world, it said on Monday.

ExxonMobil starts production at new US PE line at Mont Belvieu
ExxonMobil has commenced production at one of two new 650,000 tonne/year high-performance polyethylene (PE) lines at its plastics plant in Mont Belvieu, Texas, the US-based energy and chemicals major announced on Tuesday.

US begins dumping investigation on PET from Brazil, Asia countries
The US Department of Commerce will investigate whether polyethyleneterephthalate (PET) resin imports from Brazil, Indonesia, South Korea, Pakistan and Taiwan are being sold in the US at less than fair value.

US crude oil exports reaches record levels in H1 2017 - EIA
US crude oil exports rose in the first half of 2017 to 784,000 bbl/day, a 57% increase from H1 2016, the Energy Information Administration (EIA) said on Wednesday.

US Nov BD contracts expected to fall on Asia weakness
With global butadiene (BD) and rubber prices tumbling, sources said on Thursday they expect US November BD contracts to settle lower as well.

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

By Staff Reporter