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February 12, 2016
Forward selling in North America’s styrene market has been unusually high, with delivery months pushing much further into the future than normal. Uncertainty in the crude oil market seems to be one of the main drivers....
February 12, 2016
Ercros (Barcelona) says it will cut its chlor-alkali capacity by 55% from 2018. The company will maintain a presence in the market for chlorine and caustic soda with production at its...
January 29, 2016
Methanol prices are depressed worldwide, IHS Chemical says. Demand is seasonally low, supply is ample, and the low price of crude oil has cut into demand for biodiesel and weakened...
January 29, 2016
Acrylonitrile butadiene styrene (ABS) prices in Europe have tracked the downward movement in feedstock costs, according to IHS Chemical data. Although some of Europe’s ABS negotiated prices do not follow costs, these are few and do not represent the majority of the market....
January 29, 2016
With the impending restart of the Ellba-owned propylene oxide–styrene monomer unit at Moerdijk, Netherlands, Europe’s styrene industry is focusing firmly on lengthening...
January 15, 2016
A new long-term naphtha supply agreement between Braskem and Petrobras was finally signed in late December 2015, after almost three years of negotiations and five contract amendments...
January 15, 2016
December 2015 contract prices for acetic acid in Europe were largely settled down €10/m.t. ($10.87) from November. Relatively good domestic demand in Western Europe limited the...
January 15, 2016
Ethylene glycol (EG) prices continued trending down in Asia during the first half of December 2015 and may have bottomed out, though the first week of 2016 was unsettled, says IHS...
January 15, 2016
Asian prices along the vinyls chain seem to have bottomed out. Asian demand for polyvinyl chloride (PVC) has improved but at lower prices relative to December 2015, IHS Chemical says...
January 15, 2016
Spot ethylene hit a seven-year low in the United States on 13 January as healthy supply, limited storage, and overall bearish sentiment in the market weighed on prices. January spot...
January 8, 2016
IHS Chemical estimates that at least 170,000 m.t. of benzene were shipped from South Korea to the United States during December 2015, including 20,000–30,000 m.t. of delayed...
January 8, 2016
The January 2016 benzene contract in Europe settled in late December at $641/m.t. cif Amsterdam-Rotterdam-Antwerp, up $2 and down €19/m.t. ($20) against December 2015. Discussions...
January 8, 2016
Europe’s cyclohexane delta for the first quarter has been agreed at €130/m.t. ($140), down €3 from the previous quarter. The decrease reflects the downward trend in...
December 18, 2015
Argentina and Venezuela have surprised the world with political changes following recent elections results. IHS expects a positive outcome from these changes, which signal a return of...
December 18, 2015
The unplanned shutdown of the Shell’s integrated refinery and petrochemicals complex at Pulau Bukom, Singapore, has further tightened Asia’s supply of ethylene and propylene, but whereas regional ethylene prices remain weak, propylene prices are firm, say analysts at IHS Chemical....
December 18, 2015
North American demand for hydrogen peroxide (H2O2) is beginning to slow, but the market has had a strong year, according to IHS Chemical analysts. They expect modest growth in 2016...
December 11, 2015
Production activities at Braskem's steam cracker at Santo Andre, Brazil—part of the Grande ABC chemical cluster in São Paulo State—has resumed....
December 11, 2015
Shell Chemicals has declared force majeure on its “base chemical products customers” with effect from 1 December because of a technical issue with the ethylene complex at...
December 11, 2015
ethylene margins have more than halved in the United States over the past year, but integrated polyethylene (PE) margins have held up owing to the relative strength of PE pricing...
December 4, 2015
Newly added nitrogen fertilizer capacity in the United States is expected to shift trade flows, says Evgenia Apostolopoulou, senior consultant at IHS Chemical....
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