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The Chemical Reaction – week in review (vol. 8)
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Report summary
Here’s what caught our eye this week – click to read our analysis of these events: China/US exchange tit-for-tat threats of $50 billion worth of tariffs; China imposes duties on main styrene exporting companies; OPEC agrees to increase oil production; LyondellBasell and Braskem confirm acquisition discussions; Alberta offers $1 billion chemical and feedstock investment incentives; Mexico’s PEMEX replaces SABIC with Vitol as a potential new ethane supplier; Caliche plans to add ethane storage in Texas; Hungary’s MOL partners with Inovacat on new naphtha-to-olefins technology; Dow wins $1 billion lawsuit against Canada’s Nova; ExxonMobil starts up chemical plants in Singapore
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