IHS Chemical Week

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IHS: Houston oil spill unlikely to affect chemical markets

2:49 PM MDT | March 24, 2014 | Clay Boswell

The oil spill that has closed Galveston Bay and stopped traffic in and out of the ports of Houston, Texas City, and Galveston is unlikely to have a serious impact on chemical production or shipping, say analysts at IHS . They expect the channel to re-open today, at least partially. In the event of an extended closure, however, aromatics and methanol derivatives could be affected....

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