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Propylene Looks to Settle Down in March

<span class="excerpt_part">...49.0 cents/lb and March chemical<strong>-grade</strong> propylene (CGP) at 47.5 cents/lb. Sources expected the settlement to find full acceptance, as spot prices have <strong>com</strong>e down since the February settlement on weaker...</span>

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Olin Shutting Down More Chlor Alkali Capacity

<span class="excerpt_part">...capacity since early 2021,&rdquo; remarked Scott Sutton, Olin Chairman, President, and Chief Executive Officer. &ldquo;This action reinforces our <strong>com</strong>mitment to lift our ECU values to a more sustainable level.&rdquo; http:/<strong>/www</strong>.olin<strong>.com</strong>/investors/events-presentations/press-releases/...</span>

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Feedstocks Update

<span class="excerpt_part">...pricing has fallen 3.25 cents/lb since the start of the month, and sat Friday at 45 cents/lb FD USG. September PGP contracts were settled at 46.5 cents/lb, sources said. https:/<strong>/www</strong>.platts<strong>.com/latest</strong>-news/petrochemicals/houston/americas-the-week-ahead-in-petrochemicals-wc-21264518...</span>

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Propylene Settles Higher

<span class="excerpt_part">...sources confirmed on Thursday, tracking higher spot trades in mid-July. The settlement puts July polymer<strong>-grade</strong> propylene (PGP) contract prices at 38 cents/lb DEL (delivered) and chemical<strong>-grade</strong> propylene (CGP) contract prices...</span>

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Chinese TDI Update

<span class="excerpt_part">...of polyether polyols when <strong>com</strong>bined with TDI is used in the production of polyurethane (PU) foam <strong>for</strong> mattresses, automotive seats and furniture. (Source: Design Pics Inc/REX/Shutterstock) By Matthew Chong http:/<strong>/www</strong>.icis<strong>.com</strong>/resources/news/2016/10/14/10044228/china-domestic-tdi-prices-more-than-double-to-record-highs/...</span>

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Initial Propylene Settlements Up 9c/lb

<span class="excerpt_part">...September. Meanwhile, an existing PDH unit at Dow Chemical&rsquo;s <strong>com</strong>plex in <strong>Free</strong>port, Texas, was shut down in late December. Maintenance work on the unit could extend into February. Another PDH...</span>

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Olin Results

<span class="excerpt_part">...strength of our earnings and cash flow, we plan to continue our capital allocation strategy, while <strong>com</strong>mitting to maintain an investment<strong>-grade</strong> balance sheet and achieving additional investment<strong>-grade</strong> credit ratings. &ldquo;In...</span>

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Chinese TDI Update

<span class="excerpt_part">...of polyether polyols when <strong>com</strong>bined with TDI is used in the production of polyurethane (PU) foam <strong>for</strong> mattresses, automotive seats and furniture. (Source: Design Pics Inc/REX/Shutterstock) By Matthew Chong http:/<strong>/www</strong>.icis<strong>.com</strong>/resources/news/2016/10/14/10044228/china-domestic-tdi-prices-more-than-double-to-record-highs/...</span>

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Asia PO/PG Update

<span class="excerpt_part">...unsaturated polyester resins (UPR) plants in China may only resume their pre-Lunar New Year operational levels by the end of the month, market sources said. By Matthew Chong &nbsp; http:/<strong>/www</strong>.icis<strong>.com</strong>/resources/news/2016/02/15/9969499/asia-mpg-to-take-cue-from-feedstock-po-market-in-china/...</span>

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Feedstocks Update

<span class="excerpt_part">...pricing has fallen 3.25 cents/lb since the start of the month, and sat Friday at 45 cents/lb FD USG. September PGP contracts were settled at 46.5 cents/lb, sources said. https:/<strong>/www</strong>.platts<strong>.com/latest</strong>-news/petrochemicals/houston/americas-the-week-ahead-in-petrochemicals-wc-21264518...</span>

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