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Two Separate BASF Explosions Today

<span class="excerpt_part">...facilities this year.The global <strong>com</strong>pany currently employs 122,000 people worldwide, with more than 52,800 in Germany alone. Last year, it posted revenues in excess of &euro;70 billion (&pound;63 billion). http:/<strong>/www</strong>.dailystar.co.uk/news<strong>/latest</strong>-news/554251/basf-Lampertheim-fire-germany-factory-chemicals-producer-flames-video-twitter...</span>

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Urethane Comments from Dow Investors&#8217; Call

<span class="excerpt_part">&nbsp; Jim Fitterling On slide 5, Industrial Intermediates &amp; Infrastructure operating EBIT was $221 million, primarily reflecting margin <strong>com</strong>pression in polyurethane <strong>com</strong>ponent as well as lower equity earnings largely driven...</span>

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Germany Completes Floating LNG Terminal

<span class="excerpt_part">...in a statement. Once the remaining four terminals, which are still under construction or awaiting a license, are operational, a third of Germany&rsquo;s energy needs would be met. EFE https://efe<strong>.com</strong>/en<strong>/latest</strong>-news/germany-opens-first-lng-terminal-as-it-curbs-reliance-on-russian-gas/...</span>

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More Bad News for Polyols&#8211;All U.S. Propylene Oxide Production Sites Affected By Freeze

<span class="excerpt_part">...Deer Park, Texas, refining and chemical <strong>com</strong>plex, including two crackers with a <strong>com</strong>bined 961,000 mt/year of capacity **Shell: Norco, Louisiana, refining and chemical <strong>com</strong>plex, including two crackers with a <strong>com</strong>bined...</span>

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German Rail Strike

<span class="excerpt_part">...snowfall that has not yet been cleared, significantly <strong>com</strong>plicates the situation,&rdquo; the <strong>com</strong>pany&rsquo;s statement said. The international <strong>com</strong>petitiveness of Germany, &ldquo;which is already under considerable pressure due to high energy...</span>

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More on Trucking and ELD

<span class="excerpt_part">...<strong>for</strong> both drivers and <strong>com</strong>pany owners. Brokers need to be aware of HOS and understand the law in order to build freight accordingly.&rdquo; While the indus<strong>try</strong> is still <strong>try</strong>ing to...</span>

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European Propylene Weakness

<span class="excerpt_part">...The November contract price was settled at Eur1,060/mt. The Platts propylene contract price indicator <strong>for</strong> December was assessed at Eur990.50/mt FD NWE Thursday, Eur69.50 below the November contract price. https:/<strong>/www</strong>.spglobal<strong>.com</strong>/platts/en/market-insights<strong>/latest</strong>-news/petrochemicals/111618-european-dec-olefins-contract-price-expectations-turn-bearish-ahead-of-negotiations...</span>

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Container Rates Update

<span class="excerpt_part">...that the container indus<strong>try</strong> would be doing this well, this quickly. &ldquo;We&rsquo;ve been scratching our heads a lot, <strong>try</strong>ing to figure out why ocean freight prices have climbed so high,&rdquo;...</span>

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Asian Propylene Update

<span class="excerpt_part">...also expected to produce on-spec propylene from its new PDH plant in Fujian province this month, and this is expected to add further pressure on import prices, sources said. https:/<strong>/www</strong>.spglobal<strong>.com</strong>/platts/en/market-insights<strong>/latest</strong>-news/petrochemicals/011321-asian-propylene-naphtha-spread-crunches-to-4-month-low-on-naphtha-upswing...</span>

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Covestro Expands HDI Precursor Capacity

<span class="excerpt_part">...last process step, <strong>for exam</strong>ple, the use of solvents has been cut by up to 80 percent and up to 60 percent less energy is used <strong>com</strong>pared with the conventional...</span>

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