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Covestro Plans

<span class="excerpt_part">...<strong>com</strong>mercial scale 5,000 tonne/year &euro;15m production unit at Leverkusen, Germany, is now 50-60% <strong>com</strong>plete with <strong>com</strong>mercial production expected by the middle of 2016. &ldquo;The chemical indus<strong>try</strong> has to be part...</span>

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Benzene Settles Higher

<span class="excerpt_part">...the previous quarter. Production also was lower year-to-date in 2015 than in 2014. Major US benzene producers include ExxonMobil, Flint Hills Resources, LyondellBasell, Marathon Petroleum, Shell and Phillips 66. &nbsp;http:/<strong>/www</strong>.icis<strong>.com</strong>/resources/news/2015/11/30/9948846/us-dec-benzene-settles-higher-on-demand-supply/...</span>

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Rock Bottom

<span class="excerpt_part">...is a little bit low,&rdquo; one Europe-based MMDI producer said. MMDI premiums over polymeric MDI (PMDI) have been squeezed in recent months, reducing producer margins and prompting output curbs. https:/<strong>/www</strong>.icis<strong>.com</strong>/explore/resources/news/2020/06/11/10518229/europe-pu-feedstocks-prices-hit-new-lows-as-demand-pickup-lags...</span>

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January Benzene Settles Lower

<span class="excerpt_part">...aniline, used to make isocyanates <strong>for</strong> the polyurethane chain. Major US benzene producers include ExxonMobil, Flint Hills Resources, LyondellBasell, Marathon Petroleum, Shell and Phillips 66. By Jessie Waldheim &nbsp; http:/<strong>/www</strong>.icis<strong>.com</strong>/resources/news/2016/01/04/9957000/us-jan-benzene-settles-down-on-lower-demand/...</span>

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Huntsman Results

<span class="excerpt_part">...2019 net income of $131 million <strong>com</strong>pared to $350 million in the prior year period; first quarter diluted earnings per share of $0.51 <strong>com</strong>pared to $1.11 in the prior year...</span>

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Shell Moerdijk PO Unit Scheduled for December Startup

<span class="excerpt_part">...unit at its Moerdijk, Netherlands site back online. The November propylene contract price settled at &euro;670/tonne&nbsp;FD <strong>(free</strong> delivered) NWE (northwest Europe), the lowest contract price since July 2009. &nbsp; http:/<strong>/www</strong>.icis<strong>.com</strong>/resources/news/2015/10/30/9938723/europe-nov-propylene-contract-reduction-welcome-but-still-not-enough/...</span>

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Rock Bottom

<span class="excerpt_part">...is a little bit low,&rdquo; one Europe-based MMDI producer said. MMDI premiums over polymeric MDI (PMDI) have been squeezed in recent months, reducing producer margins and prompting output curbs. https:/<strong>/www</strong>.icis<strong>.com</strong>/explore/resources/news/2020/06/11/10518229/europe-pu-feedstocks-prices-hit-new-lows-as-demand-pickup-lags...</span>

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Shell Moerdijk PO Unit Scheduled for December Startup

<span class="excerpt_part">...unit at its Moerdijk, Netherlands site back online. The November propylene contract price settled at &euro;670/tonne FD <strong>(free</strong> delivered) NWE (northwest Europe), the lowest contract price since July 2009. http:/<strong>/www</strong>.icis<strong>.com</strong>/resources/news/2015/10/30/9938723/europe-nov-propylene-contract-reduction-welcome-but-still-not-enough/...</span>

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Latest Reports on Adnoc and Covestro

<span class="excerpt_part">...Adnoc declined to&nbsp;<strong>com</strong>ment. Covestro generated sales of &euro;14.4 billion in 2023. At the end of that year the <strong>com</strong>pany had 48 production sites worldwide and employed approximately 17,500 people. https:/<strong>/www</strong>.agbi<strong>.com</strong>/energy/2024/09/adnoc-to-acquire-chemical<strong>-com</strong>pany-covestro<strong>-for</strong>-16bn/...</span>

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Moerdijk PO Unit to Restart

<span class="excerpt_part">...paper, we are more <strong>com</strong>petitive,&rdquo; a second propylene consumer said adding that the question was whether the situation would be sustained. &ldquo;We really have to wait and see.&rdquo; &nbsp; http:/<strong>/www</strong>.icis<strong>.com</strong>/resources/news/2016/01/08/9959016/europe-propylene-long-but-no-distress-eyes-on-nl-derivative-restart/...</span>

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