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Analysis of BASF Situation

<span class="excerpt_part">...big-ticket <strong>purchase</strong>s such as automobiles and electronic goods. The <strong>latest</strong> purchasing managers index <strong>(PMI</strong>) data, published in early July, showed China falling into contraction, and Europe &ndash; the weakest region...</span>

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Propylene Drops

<span class="excerpt_part">...December. Moreover, last week&rsquo;s inventory was still up by 2.234 million barrels from the same time a year earlier. &mdash; Ali Oktay, ali.oktay@spglobal<strong>.com</strong> &mdash; Edited by Jennifer Pedrick, newsdesk@spglobal<strong>.com</strong> https:/<strong>/www</strong>.spglobal<strong>.com</strong>/platts/en/market-insights<strong>/latest</strong>-news/petrochemicals/062419-us-june-propylene-contracts-settle-at-a-350-cent-decline?utm_source=twitter&amp;utm_medium=realtime&amp;utm_content=petrochemicals&amp;utm_term=news&amp;utm_campaign=webed&amp;utm_source=hootsuite&amp;utm_medium=twitter&amp;utm_term=plattspetchems&amp;utm_content=a9ea4dc2-c770-442f-b534-e91ce6f6e46c&amp;utm_campaign=hootsuitepost...</span>

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Propylene Dynamics

<span class="excerpt_part">...<strong>for</strong> the conclusion of January. Specifically, the batch, totalling 5 thousand tons, is slated to be shipped from PRefChem&rsquo;s facility in Pengerang, located in Johor, Malaysia, on January 28-30. https:/<strong>/www</strong>.mrchub<strong>.com</strong>/news/411204-us-propylene-market-surges-during-january-amidst-pdh-outage...</span>

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Propylene Settles Up 1.5c/lb

<span class="excerpt_part">...Olefins units at a Chevron Phillips Chemical <strong>com</strong>plex in Cedar Bayou, Texas remain offline. Meanwhile, refinery operating rates remain below the 2017 pre-Harvey average of 92%, according to the <strong>latest</strong>...</span>

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Propylene Settles Up 1.5c/lb

<span class="excerpt_part">...Olefins units at a Chevron Phillips Chemical <strong>com</strong>plex in Cedar Bayou, Texas remain offline. Meanwhile, refinery operating rates remain below the 2017 pre-Harvey average of 92%, according to the <strong>latest</strong>...</span>

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SOCMA President Moves On

<span class="excerpt_part">...will <strong>immediately</strong> begin a <strong>for</strong>mal <strong>search for</strong> a new President and CEO. &ldquo;The timing is right <strong>for</strong> a fresh new CEO with a fresh &lsquo;set of eyes&rsquo; to take SOCMA...</span>

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Olin Names Sutton CEO

<span class="excerpt_part">...principal manufacturing facilities produce and distribute sporting ammunition, law enforcement ammunition, reloading <strong>com</strong>ponents, small caliber military ammunition and <strong>com</strong>ponents, and industrial cartridges. Visit&nbsp;<strong>www</strong>.olin<strong>.com for</strong> more information on Olin. 2020-11 https://seekingalpha<strong>.com</strong>/pr/17932587-olin-announces-new-leadership-appointments...</span>

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Spot Propylene Drops 23c/lb Today With Restarts

<span class="excerpt_part">...a <strong>com</strong>plex at <strong>Free</strong>port, Texas, with three crackers able to produce a <strong>com</strong>bined 3.2 million mt/year, two LDPE units with 552,000 mt/year and 186,000 mt/year HDPE; Dow&rsquo;s Seadrift, Texas, <strong>com</strong>plex...</span>

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Trade Economics

<span class="excerpt_part">...the uneasy sense that the indus<strong>try&rsquo;</strong>s inefficiency makes it vulnerable to disruption. Tim Simpson, US <strong>com</strong>munications director <strong>for</strong> Maersk Line, says the indus<strong>try</strong> should recognise it is ripe <strong>for</strong> challenges...</span>

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Propylene Formally Settles Down 1.5c/lb

<span class="excerpt_part">...was assessed last Friday at 45.25-45.75cents/lb delivered. Platts last assessed US PGP below the 45.5 cents/lb level on October 23, 2009, when it was at 44.25-44.5 cents/lb FD USG. http:/<strong>/www</strong>.platts<strong>.com/latest</strong>-news/petrochemicals/houston/march-us-propylene-contracts-fully-settle-down-26040090...</span>

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