USA

Damages from Hurricane Beryl not yet fully repaired / Outages in part expected to last for weeks

PETROCHEMICALS USA

Onset of winter cripples plants in Texas, Louisiana / Exports to Europe only affected to a small extent

POLYMER PRICES

North America July 2023: Contracts roll over or fall further / Oversupply of engineering thermoplastics / Feedstock prices rise / Styrene increases significantly / No trend turnaround in sight

POLYMER PRICES

North America June 2023: Weak market fundamentals and falling feedstock prices depress polymer markets / Producers cut back capacities

SHALE GAS

First nationwide ethane pipelines in the US due to go online soon / Supplies for petrochemicals on the Gulf Coast and in Canada / Boost for PE production / Opportunities and risks for European processors

UPDATE - PETROCHEMICAL MARKETS

US hurricane season kicks off / “Isaac” threatens plants across Louisiana in particular / Numerous oil platforms in the Gulf of Mexico have been evacuated / Reminiscent of “Katrina” and “Rita”