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Mearthane News

<span class="excerpt_part">...applications. Over the years the <strong>com</strong>pany&rsquo;s polymer chemists have earned many product patents and maintain a robust R&amp;D effort focused on developing specialized product <strong>for</strong>mulations <strong>for</strong> precise customer needs. http:/<strong>/www</strong>.designworldonline<strong>.com</strong>/mearthane-products-corp-mpc-highlights-product-development-newest-iso-90012008-registration/...</span>

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Existing Home Sales Near Bottom

<span class="excerpt_part">...hit a record of $389,800 in 2023. Source: Bloomberg But, with mortgage rates having tumbled (and given the lagged responses), are sales about to start rising again? Source: Bloomberg https:/<strong>/www</strong>.zerohedge<strong>.com</strong>/markets/2023-was-worst-year-record-existing-home-sales...</span>

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BASF Q1 Results

<span class="excerpt_part">...currently expects a slow recovery <strong>for</strong> the third and fourth quarters of 2020; how the situation develops is, however, extremely uncertain and not predictable at this point in time.&rdquo; https:/<strong>/www</strong>.spglobal<strong>.com</strong>/platts/en/market-insights<strong>/latest</strong>-news/petrochemicals/043020-basf-ditches-2020-business-plan-as-demand-destruction-hits-q1...</span>

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Spot Benzene Prices Fall

<span class="excerpt_part">...($763/mt) DDP USG Friday, down 5 cents day on day. Meanwhile Asian prices stand at $750.50/mt FOB Korea and $739.50/mt FOB Southeast Asia, both down $8/mt day on day. http:/<strong>/www</strong>.platts<strong>.com/latest</strong>-news/petrochemicals/london/european-benzene-spot-prices-fall-to-110mt-discount-26094636...</span>

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Propylene Expected to Fall in Europe

<span class="excerpt_part">...2A Wesseling cracker, which has an ethylene capacity of 299,000 mt/year, was not expected to be operational again <strong>before</strong> September, indus<strong>try</strong> sources said. Shell declined to <strong>com</strong>ment on timing. http:/<strong>/www</strong>.platts<strong>.com/latest</strong>-news/petrochemicals/london/us-propylene-imports-slow-on-bearish-sentiment-26121431...</span>

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Tempur Sealy Impacted by Customer Bankruptcy

<span class="excerpt_part">UP<strong>GRADE</strong> My Portfolio1 Authors Screeners <strong>Latest</strong> News Markets Stock Ideas Premium Dividends ETFs Investing Strategy Podcasts Marketplace Help &amp; Support Edit basfy 18.79 -0.11% cvvtf 51.22 0.00% dow 53.38 0.31%...</span>

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Dow Posts Earnings Beat

<span class="excerpt_part">...this year. Construction of a propane dehydrogenation unit in <strong>Free</strong>port, Texas, was recently <strong>com</strong>pleted, and an ethylene unit at the same site is scheduled to start in 2017. &nbsp; http:/<strong>/www</strong>.bloomberg<strong>.com</strong>/news/articles/2015-10-22/dow-chemical-profit-tops-estimates-as-plastics-margins-widen...</span>

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Industrial Production Surge

<span class="excerpt_part">...and coal products fell to 78.9% from 79.2% In any case, the overall data was quite solid, and YoY Industrial Production rose at the fastest pace since December 2010. https:/<strong>/www</strong>.zerohedge<strong>.com</strong>/news/2018-09-14/us-industrial-production-surges-most-2010-amid-burst-ac-usage...</span>

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Dow&#8217;s Thai Polyol Plant Starts Production

<span class="excerpt_part">...in&nbsp;Asia, Africa, the Middle East and eastern Europe, Bassett said. "The innovation in the marketplace is really leading the way, and we build to support those needs," he said. http:/<strong>/www</strong>.icis<strong>.com</strong>/resources/news/2015/04/28/9879943/us-dow-eyes-rising-middle-class-with-thai-polyols-plant/...</span>

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Asian Propylene

<span class="excerpt_part">...already started to lose some strength this week, market sources said. On Tuesday, the domestic price was reported to be around Yuan 7,850/mt, Yuan 200-300/mt lower week on week. http:/<strong>/www</strong>.plastemart<strong>.com</strong>/plastic-facts-information.asp?news_id=39747&amp;news=Tight-supplies-propel-propylene-in-Asia-to-17month-highs...</span>

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