Americas top stories: weekly summary
ICIS Editorial
06-Jan-2025
HOUSTON (ICIS)–Here are the top stories from ICIS News from the week ended 3 January.
OUTLOOK ’25: US acetic acid, VAM
exports expected stronger, domestic demand
could rise
US acetic acid and vinyl acetate monomer
(VAM) supply heading into 2025 is improving
after production outages resolved, while
tight global supply is expected to boost
export demand and lower inflation may lead to
stronger domestic demand.
OUTLOOK ’25: US EG/EO demand expected
higher in 2025; turnarounds to tighten Q1
supply
Demand for US ethylene glycol (EG) and
ethylene oxide (EO) should increase in 2025
on restocking and if lower inflation drives
consumption, but this may be met with tight
supply in Q1 due to plant maintenance.
OUTLOOK ’25: US President Trump could
move quickly on tariffs,
deregulation
As US president, Donald Trump could quickly
proceed on campaign promises to impose
tariffs and cut regulations after taking
office on 20 January.
SHIPPING: Union dockworkers, ports to
resume negotiations ahead of 15 Jan
deadline
Union dockworkers and representatives for US
Gulf and East Coast ports are expected to
resume negotiations on a new master contract
on 7 January, just more than a week ahead of
the 15 January deadline.
OUTLOOK ’25: US methanol supply
expected tight in Q1, demand may pick up
mid-year
US methanol supply is tight heading into the
new year, a situation that has been offset by
lackluster demand, but demand is expected to
pick up farther into 2025 if more controlled
inflation and lower interest rates fuel
consumer spending and the housing market.
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