GREEN LIGHT: It’s that unwonted time of year again, the slow drag of December selloffs has finalized, and the purchasing department dogs are let loose. BAILOUTS: Once an economic downturn presents itself in grandiose enough manner to be leveraged, victimhood goes in vogue.
Hardest-hit areas in Louisiana could be without power for weeks – Entergy
Author: Adam Yanelli
2021/08/31
HOUSTON (ICIS)–Power outages continue to exist for about 840,000 customers across the state of Louisiana and parts of Mississippi after Hurricane Ida made landfall on Sunday.
Asia petrochemicals brace for impact as Hurricane Ida forces US outages
Author: Nurluqman Suratman
2021/08/30
SINGAPORE (ICIS)–Selected petrochemical markets in Asia are bracing for tighter supply due to plant outages in the US Gulf Coast triggered by Hurricane Ida.
Shipping container rates to remain elevated into 2022 as US demand outpaces capacity
Author: Adam Yanelli
2021/07/20
HOUSTON (ICIS)–Shipping container rates have spiked by as much as three or four times since the onset of the pandemic and are likely to remain elevated beyond the Lunar New Year in 2022 as the global demand for goods continues to outpace available capacity.