Chemical industry slams Trump steel tariffs
The Trump administration’s decision to impose tariffs on imported steel and aluminum is unpopular with many industries,including the chemical sector. The U.S. industry’s leading trade group, the American Chemistry Council (ACC), is condemning the measure, [...]
US MSTDP margins improve on gains in benzene, declines in toluene
US disproportionation economics improved slightly on the week as MSTDP margins rose near $8 to near $35.80/mt Monday morning, according to S&P Global Platts estimates. MSTDP margins were at their highest point since February 8 [...]
China’s Hengli Petrochemical in talks to take Saudi crudes for trial run
China's independent refiner Hengli Petrochemical is in talks to secure crude shipments from Saudi Arabia for its trial run in October as it has applied for 20 million mt/year of quota for cracking imported crude [...]
Braskem America to seek 3 cents/lb hike for polypropylene in April
Braskem America will seek a 3 cents/lb ($66/mt) increase in its polypropylene prices effective April 1, on top of any change in the monomer contract price for the month, the company said. "This increase will [...]
LATIN POLYMERS
LATIN POLYMERS: Buyers in Brazil enter March faced with stable domestic PE pricing for seemingly the first time this year following sharp increases in January and February, sources said, adding that PP pricing will increase [...]
US PVC
US PVC: Negotiations for March polyvinyl chloride export pricing wrapped up last week with offers falling $30/mt compared with initial nominations that met market pushback. Offers that ranged between $920 and $935/mt FAS Houston settled [...]