Americas top stories: weekly summary
ICIS Editorial
01-Jul-2024
HOUSTON (ICIS)–Here are the top stories from ICIS News from the week ended 28 June.
US June propylene
contracts rise on higher spot
prices
US June propylene contracts for the majority of
market participants settled up 2 cents/lb on
higher spot prices.
US consumer
confidence and ICIS leading business barometer
fall in June
US consumer confidence fell in June, as did the
ICIS US leading business barometer (LBB).
Aditya Birla
Chemicals plans new US epoxy facility in
Texas
Aditya Birla Chemicals is planning to build a
new epoxy facility in Beaumont, Texas,
according to the company.
Flat chemical
prices to increase in coming quarters; volumes
booming – US HB Fuller
Most chemical prices have stabilized, and a few
are posting small rises, a trend which should
strengthen in coming quarters as global
manufacturing picks up, executives at
US-headquartered adhesives producer HB Fuller
said on Thursday.
SHIPPING: Panama
Canal increases drafts, to add another transit
slot on 5 August
The Panama Canal Authority (PCA) has increased
the maximum allowable draft to transit the
Neopanamax locks effective immediately,
announced that another increase will take
effect on 11 July, and will add an additional
booking slot in the Neopanamax locks during
Booking Period 2 for booking dates beginning 5
August.
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