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Force Majeure
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Tense Delivery Situation for Titanium Dioxide Entails Price Increase for White Printing Inks, Says Doneck Euroflex
Mar 28, 2017Tense delivery situation for titanium dioxide entails price increase for white printing inks as well as the use of substitute quality products. We would like to inform you that we are forced to increase our prices for white printing inks ...
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Analysis: US Crude Exports Hit Record in September
Nov 8, 2016US crude exports rose 35,000 b/d to a record 692,000 b/d in September after Brent's premium to WTI widened, an analysis of Census Bureau data released Friday showed. Brent's premium over WTI widened from 34 cents/b in May to average ...
Tags: crude exports, crude
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All You Need to Know About Trucking Contracts
Oct 8, 2016The ATA has released its contract checklist, which aims to help trucking businesses ensure their contracts are fair and legal. The checklist responds to the lengthening payment terms faced by trucking businesses, as well as concerns that ...
Tags: contract checklist, ATA
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Leaving The EU Spells Uncertainty for Toy Innovators
Aug 25, 2016Harbottle and Lewis's Jeremy Morton takes a look at what Brexit is likely to mean for toy businesses when it comes to their intellectual property protection. Whether it’s safety regulation or data protection laws, the EU has had a ...
Tags: Jeremy Morton, EU, Harbottle and Lewis
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US VAM Price to Rise Through Q1 Amid Tightening Supply: Sources
Dec 18, 2015The US vinyl acetate monomer market is seeing a tightening of supply that will likely push pricing higher through the first quarter of 2016 despite falling feedstock prices and a weaker energy sector, sources said. US VAM increased $20/mt ...
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Lyondellbasell Lifts Polypropylene Force Majeure at Texas Plant
Dec 2, 2015LyondellBasell subsidiary Equistar Chemicals has ended a force majeure declaration on polypropylene produced by its Bayport Polymers facility in Pasadena, Texas, the company said in a letter to its customers Tuesday. The force majeure was ...
Tags: polypropylene, Polymers, Chemicals
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NWE Monoethylene Glycol Prices Stabilize After Spike
Nov 25, 2015The recent surge in monoethylene glycol prices came to an end last week, as market activity slackened amid limited availability and buyers' hopes that prices will ease. Spot prices were assessed Friday at Eur950/mt ($1,010/mt) FCA NWE and ...
Tags: glycol, diethylene glycol, feedstock EO
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Lyondellbasell Declares Force Majeure on La Porte Vam Supplies: Letter
Nov 4, 2015LyondellBasell issued a force majeure declaration on vinyl acetate monomer and glacial acetic acid supplies from its La Porte, Texas, facility after a turnaround revealed equipment issues, the company said in a letter to customers seen by ...
Tags: Lyondellbasell, vinyl acetate monomer, glacial acetic acid
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PPG Lifts Fresno Glass Manufacturing Force Majeure, Will Invest $20 Million in 2016
Sep 24, 2015PPG Industries has announced that it has restored normal operations at its Fresno, California, glass manufacturing facility and lifted the force majeure on architectural, residential and specialty glass products for customers located in the ...
Tags: PPG, flat glass products, Fresno
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BASF Will Lift Force Majeure Declared on May 21
Jul 1, 2015BASF will lift Force Majeure declared on May 21 for ethylene oxide (EO)-based products produced in Europe in the portfolio of Home Care and Industrial & Institutional Cleaning, Formulation Technologies, AgChem Additives and certain EO-based ...
Tags: Care Chemicals, BASF, Additives
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Linpac to Increase Its Rigid and Flexible Packaging Prices
Jun 24, 2015Recent turbulence in the raw material supply chain is forcing Europe’s leading fresh food packaging manufacturer, LINPAC to increase its rigid and flexible packaging prices, but this will not impact the Australian market. The ...
Tags: Linpac, raw material
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Sharp Price Increases for Both Monomers and Polymers
Jun 16, 2015The company has considered the recent turbulence in its raw material supply chain and concluded that a rise in packaging prices is inevitable in the face of current sharp cost increases. Bart Stubbe, director of purchasing at Linpac, ...
Tags: raw material, packaging
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ArcelorMittal Is Mining and Shipping 5 Million Mt of Iron Ore Per Year in Liberia
Aug 12, 2014Global steel giant ArcelorMittal has announced that it is currently mining and shipping 5 million mt of iron ore per year in Liberia from its operations in Yekepa and Buchanan. The company is also working on an expansion project that will ...
Tags: ArcelorMittal, Liberia, iron ore
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European Styrene Production Margins Are Falling Again
Jun 25, 2014European styrene production margins, which appeared to be rising after an explosion June 3 during maintenance at Shell-BASF's Ellba joint venture in Moerdijk, the Netherlands, are falling again, Platts data shows. Styrene's premium over ...
Tags: Styrene, styrene production
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European Ethylene Spot Prices Jumped Thursday Following a Fire Earlier in The Week
Jun 13, 2014European ethylene spot prices jumped Thursday following a fire earlier in the week at Shell's Moerdijk site in the Netherlands, sources said Friday, adding that they expect olefin supply from the steam cracker at the site to be affected. ...
Tags: Ethylene, Prompt ethylene