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Container Rates

an class="excerpt_part">...high. “But I think because prices [to consumers] have continued to go up and because there’s still so much demand, that has been alleviated. This is a free market.” https://www.zerohedge.com/economics/why-stratospheric-container-rates-could-rocket-even-higher...an>

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MA FR Legislation Update

an class="excerpt_part">...less than 12 years old. If passed into law, it would prohibit the sale of such items if they contain, in any component part, more than 1,000 parts per million...an>

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European MDI Update

an class="excerpt_part">...inventories. A combination of these factors could see shortness extend into next year, according to sources. The current crude MDI price stands at €1,790-1,860/tonne FD NWE. By Ben Lake http://www.icis.com/resources/news/2016/11/02/10050589/european-crude-mdi-prices-climb-on-supply-shortage/?cmpid=SOC%7CRSS%7Ctwitter%7CFreeChemNewsFeed...an>

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Covestro Interview

an class="excerpt_part">...regions for the regions, not depending much on ocean freight, so our local-for-local strategy is potentially much more successful during these times,” said Toepfer. Interview article by Joseph Chang https://www.icis.com/explore/resources/news/2022/05/24/10767846/interview-high-energy-prices-to-boost-sustainability-megatrend-covestro-cfo/...an>

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Africa’s Largest Economies

an class="excerpt_part">...on this list are reserved for the US, China, Japan and Germany, whose residents generate a combined GPD of $45 trillion, a whopping 50 percent of the global GDP. https://www.zerohedge.com/economics/africas-biggest-economies...an>

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Covestro Earnings Discussion

an class="excerpt_part">...data) may come down, although he played down the impact from those competitors’ return to the market. German chemical major BASF is to bring online its 300,000 tonne/year TDI plants...an>

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Business Travel Still Lagging

an class="excerpt_part">...since employees abandoned their offices in 2020, concluded about Covid: “Consumers are learning to live with it — we’re over it. They’re going everywhere right now except the office.” https://www.zerohedge.com/markets/consumers-are-going-everywhereexcept-office-amex-ceo-says-week...an>

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Huntsman Q3 Results

an class="excerpt_part">...construction, refrigeration, packaging and insulation. MDI is also used to make binders, elastomers, adhesives, sealants, coatings and fibres. Pictured: PU foam Source: Simon Lees/Future/Shutterstock Additional reporting by Fergus Jensen https://www.icis.com/explore/resources/news/2019/10/25/10434838/us-huntsman-q3-financials-sharply-down-as-low-mdi-pricing-offsets-higher-volumes...an>

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Hexion Results

an class="excerpt_part">...the Company had $721 million in liquidity, including $352 million of unrestricted cash and cash equivalents. Hexion has no upcoming maturities on its term loan or notes until 2026. https://www.businesswire.com/news/home/20211112005540/en/Hexion-Inc.-Announces-Third-Quarter-2021-Results...an>

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Propylene Unsettled

an class="excerpt_part">...through to their downstream customers. US December PGP contracts had settled at increases of 0.5 cents/lb, putting prices at 32 cents/lb ($705/tonne). Follow Tracy on Twitter By Tracy Dang   http://www.icis.com/resources/news/2016/01/15/9961105/us-jan-propylene-yet-to-settle-on-buy-sell-gap/...an>

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