Americas top stories: weekly summary

21 May 2018 15:00 Source:ICIS News

HOUSTON (ICIS)--Here are the top stories from ICIS News from the week ended 18 May

89% of non-OPEC 2018 supply growth from US – OPEC
Nearly 90% of the projected 1.7m bbl/day crude supply growth expected this year from non-OPEC countries is likely to come from the US, with the country also standing as the key driver of global uncertainty in the market, club of oil-producing nations OPEC said on Monday.

US May SBR up on feedstocks, opens opportunities for imports
US May contract prices for styrene-butadiene rubber (SBR) rose by 4 cents/lb ($88/tonne) on Wednesday, fuelled by upstream butadiene (BD).

US isocyanate supply concerns easing following a tight 2017
Isocyanate supply concerns in the US are said to be starting to ease following a period of persistent supply tightness which lasted throughout 2017 and through the first quarter of 2018.

Dow declares global force majeure on VAM
Dow Chemical declared  a global force majeure on vinyl acetate monomer (VAM), citing production issues related to an external supplier of raw material, according to a company confirmation obtained on Friday.

By Staff Reporter