Americas top stories: weekly summary
ICIS Editorial
11-Dec-2017
HOUSTON (ICIS)–Here are the top stories from ICIS News from the week ended 8 December:
Robust global
crude demand, WTI discount driving US NGL
conversion project
Strong demand for cheaper,
US-produced crude oil is fuelling a
pipeline conversion project, following suit
from several other projects that are sending US
crude oil to global markets.
Intrexon plans to
capitalise on natgas/bio-based
BD
US-based Intrexon expects to find a consistent
market for natural gas- and bio-based butadiene
(BD), the company said.
INSIGHT
INTERACTIVE: Global IPEX bucks crude oil trend,
falls 0.9% in November
Falling butadiene (BD) prices and higher
priced benzene were the main
influences on the ICIS regional and global
petrochemical indexes in November, which fell
0.9% and bucked the upward trend in crude
oil prices, ICIS data showed on Tuesday.
US Tronox
confident on Cristal TiO2 deal, despite FTC
objections – CEO
US titanium dioxide (TiO2) producer
Tronox remains confident about completing its
planned acquisition of the TiO2 business of
Saudi Arabia-based Cristal – despite objections
from a US regulatory authority, the company’s
CEO said in an update on Thursday.
Canada NOVA picks
Ontario for new PE plant
NOVA Chemicals has chosen Sarnia in Ontario
province to build a new linear low
density polyethylene (LLDPE) plant,
the Canadian polyolefins producer said on
Friday.
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