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Epoxy Highlights from Westlake Earnings Call

...the Chinese Government have made a statement, they are coming up with policies to stimulate, but those statement has not come out with concrete actions, specific action plans yet. But...

BASF M&A Discussion

...will be automatically more investment?” Bock said. “Many factors come [into place] here, [one of them being] investment costs [in the US], and these are high, the highest globally, it...

Economic Concerns

...very quickly for many of these operators. Back in 2019, FreightWaves reporters wrote about trucking bankruptcies almost every day. I expect this will become reality for us once again. https://www.freightwaves.com/news/just-three-years-after-2019s-trucking-bloodbath-another-one-is-on-the-way?utm_source=sfmc&utm_medium=email&utm_campaign=FW_Daily_3_24_22&utm_term=Just+three+years+after+2019%e2%80%99s+trucking+bloodbath%2c+another+one+is+on+the+way%e2%80%a6&utm_id=127068&sfmc_id=63552105...

Feedstock Pricing Outlook

...toluene closed April 23 at 273 cents/gal FOB USG, up 3 cents week on week, while mixed xylenes gained 1 cent on the week at 249 cents/gal FOB USG. https://www.spglobal.com/platts/en/market-insights/latest-news/petrochemicals/042621-americas-petrochemicals-outlook-wc-april-26...

Feedstock Overview

...the US natural gas boom. The company on Thursday announced the startup of a 1.5 million mt/year cracker and a 400,000 mt/year PE plant at its complex in Freeport. AROMATICS...

Train Incident

...the derailment for its Pacific Surfliner service. Olivia Irvin, spokeswoman for Amtrak, said all rail traffic between Fullerton and Los Angeles was temporarily suspended due to the train derailment. https://www.sgvtribune.com/2018/11/07/freight-train-derails-in-pico-rivera/...

Propylene Drops

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

Propylene Falls 2c/lb in June

...the market, caused by increasing production and high inventory levels from the first half of the year. Production levels are high because the US cracker fleet is running well and looking...

Propylene Tight in Europe

...mid-August. In addition LyondellBasell is set to carry out scheduled maintenance at one of its crackers at Wesseling, Germany, in September. –Amar Carmody, amar.carmody@spglobal.com –Edited by Jonathan Dart, jonathan.dart@spglobal.com http://www.platts.com/latest-news/petrochemicals/london/european-polypropylene-spot-price-rises-for-first-26519750...

Late Shipments

...freeze impacted foam manufacturing, and consumer demand for furniture remains high. Production is now at normal levels, but furniture-makers could face competition from automakers. Foam shortages are continuing to hamper...