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Houston (Platts)--28 Mar 2017 552 pm EDT/2152 GMT
US chemical producers expressed optimism regarding the future growth of petrochemicals in the US and were hopeful that decreased regulatory measures associated with the Trump administration would help facilitate growth.
London (Platts)--28 Mar 2017 950 am EDT/1350 GMT
The European styrene premium over its two main feedstocks -- benzene and ethylene -- is at a two-month low as falls in the styrene price outpaced declines in feedstock prices, S&P Global Platts data showed.
Singapore (Platts)--28 Mar 2017 651 am EDT/1051 GMT
Business with China is improving for South Korea's Lotte Chemical after a missile defense controversy almost derailed polymer exports to its major customers, the company's General Director K.
Singapore (Platts)--28 Mar 2017 257 am EDT/657 GMT
Outlook for Asia's aromatics markets is mixed this week, with olefins markets looker weaker and extending the downward trend seen last week amid ample domestic inventories and weak demand in China.
San Antonio (Platts)--27 Mar 2017 545 pm EDT/2145 GMT
Propylene pricing in North America could see steep drops in April and May on the back of suppressed demand, sources said Monday.
Houston (Platts)--24 Mar 2017 513 pm EDT/2113 GMT
Nova Chemical on Friday revised its proposed US polyethylene price increase, informing customers it now intends to raise prices by 3 cents/lb in both March and April, the company said in a letter obtained by S&P Global Platts.
London (Platts)--24 Mar 2017 1039 am EDT/1439 GMT
A combination of factors including legislation and measures adopted by some of the largest consumers of polymers has raised the demand growth rate for recycled plastics polymers in Europe to above that of virgin grades.
London (Platts)--24 Mar 2017 914 am EDT/1314 GMT
European spot methanol prices have declined to a two-month low just ahead of the second-quarter contract price settlement, complicating ongoing negotiations, market sources said.
Singapore (Platts)--24 Mar 2017 913 am EDT/1313 GMT
The global production capacity of biodegradable plastics will grow to 975,000 mt/year in 2017, up around 1% on the year, Nguyen Nhu Khue, managing director at Lotus Chemical Technology, said Friday in a paper presented at Specialty Packaging Films, Asia in Singapore.
Houston (Platts)--23 Mar 2017 422 pm EDT/2022 GMT
The April US butadiene contract price received an initial nomination from ExxonMobil and Shell Chemicals for a 17 cents/lb reduction, market sources confirmed on Thursday, following the massive global drops in price over the past month.
Houston (Platts)--23 Mar 2017 420 pm EDT/2020 GMT
Mexico's feedstock shortage will continue to be a long-term challenge for petrochemicals producers in the country if there are no further investments in infrastructure, Pemex ethylene director Luis Montanaro said Thursday.
London (Platts)--23 Mar 2017 823 am EDT/1223 GMT
Turkish polypropylene prices continued to fall back from the highs of a couple of weeks ago as bearish sentiment permeates the market on improving availability, sources said this week.
London (Platts)--23 Mar 2017 822 am EDT/1222 GMT
The arbitrage to send acrylonitrile butadiene styrene to Europe from Asia is opening amid falling prices in the latter region, according to S&P Global Platts data.
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