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Benzene Update

...intermediates that are used to create polymers, solvents and detergents. Major producers of US benzene include ExxonMobil, Marathon Petroleum, Shell, Flint Hills Resources, Chevron, CITGO, LyondellBasell, Valero and Total. https://www.icis.com/explore/resources/news/2019/11/01/10439073/us-november-benzene-contracts-decrease-amid-lengthy-supply-low-demand...

Covestro Urethane Business Surges

...its sales and earnings targets for the year and rise its forecast for free cash flow which for the year 2017 as a whole would come “significantly above” the average...

Benzene Falls

...by late month movements in spot prices. Major US benzene producers include ExxonMobil, Flint Hills Resources, LyondellBasell, Marathon Petroleum, Shell and Phillips 66. Pictured: Benzene molecule Picture source: Shutterstock https://www.icis.com/explore/resources/news/2018/10/31/10270172/us-november-benzene-contracts-fall-to-13-month-low/?cmpid=SOC%257CRSS%257Ctwitter%257CFreeNewsFeed...

European Benzene Continues Climb

...March 2015. The recent increase in ARA pricing has effectively closed the arbitrage window now. US benzene prices hit a yearly high last week, trading at $3/gal FOB (free on...

Olin Reduces Guidance

...our previously anticipated recession scenario results in fourth quarter 2022 and continuing into 2023. Core electrochemical unit (ECU) pricing for merchant chlorine and caustic soda continues to move higher.” https://seekingalpha.com/pr/18945337-olin-updates-third-quarter-2022-outlook-and-announces-earnings-conference-call?messageid=2900&mailingid=29106233&serial=29106233.341&source=email_2900...

Huntsman Q1 Results

...Highlights • Net income was $350 million compared to $92 million in the prior year period and $287 million in the prior quarter. • Adjusted EBITDA was $405 million compared...

Covestro Results Fall 65%

...and options for replacing it as an energy source were also limited, though the company was testing where it could replace the fuel with oil. ($1 = 1.0121 euros) https://www.saltwire.com/atlantic-canada/business/covestro-cuts-profit-outlook-again-on-energy-raw-material-costs-100787071/...

Been There, Done That

...only evidence Hancock ever existed at all was a business card discovered in the convention’s raffle jar for a free lunch at Spencer’s For Steaks & Chops restaurant. http://www.theonion.com/article/convention-goer-removes-name-tag-vanishes-back-wor-51871?utm_source=Twitter&utm_medium=SocialMarketing&utm_campaign=Pic:3:Default...

Mearthane Acquires Creative Urethanes

...strategy to build a broad-based precision metal components business. Creative Urethane’s manufacturing processes and product lines are complimentary to MPC’s custom polyurethane components business. “Creative’s RIM and cast urethane businesses...

RPM Acquires Prime Resins

...segment companies include Day-Glo, Dryvit, RPM Wood Finishes, Mantrose-Haeuser, Legend Brands, Kop-Coat and TCI. Additional details can be found at www.rpminc.com and by following RPM on Twitter at www.twitter.com/RPMintl. http://www.prnewswire.com/news-releases/rpm-acquires-manufacturer-of-specialty-chemicals-for-the-infrastructure-industry-300391410.html...