Industry News & Blogs
OUTLOOK ’12: Asia titanium dioxide to stay high on firm feedstocks
SINGAPORE (ICIS)-- Asia ’s titanium dioxide (TiO2) market is likely to remain firm in 2012 as increasing raw material prices continue to pressure producers and supply is expected to remain tight, industry sources said.
China's producers lose pricing power (Chemicals & The Economy)
China's economy is slowing rather fast. That's the only conclusion to be drawn from the above chart. It shows a major collapse in producer price inflation (PPI), from July's 7.5% peak to just 2.7% in November. The decline from September's...
US judge approves BASF's $51m settlement in isocyanates suit-12/12/2011-ICIS News
HOUSTON (ICIS)--A US judge approved on Monday BASF's proposal to pay $51m (€38m) to settle allegations that it fixed isocyanates prices, leaving Dow Chemical as the last producer fighting the class-action lawsuit.
PU foam maker proposes up to $15m to settle US price-fixing suit-19/11/2011-ICIS News
HOUSTON (ICIS)--UK-based Vitafoam had no immediate comments late on Friday regarding a proposal to pay up to $15m (€11m) to settle allegations that the company fixed prices on polyurethane (PU) flexible foam.
US wholesale prices for chemicals and resins fall sharply in Oct
WASHINGTON (ICIS)-- US producer prices for chemicals and plastic resins fell sharply in October from September, the Department of Labor said on Tuesday, contributing to an overall marginal 0.
Asia ACN makers cut production to stem price slide
SINGAPORE (ICIS)--Acrylonitrile (ACN) makers in Asia have cut production in the hope of halting an unabated decline of product prices that is now on its sixth month, industry sources said on Monday.
US EPS prices fall along with feedstock costs-11/10/2011-ICIS News
HOUSTON (ICIS)--US expandable polystyrene (EPS) prices lost ground this week, slipping with the price of feedstock benzene, sources said on Tuesday.
BASF to pay $51m to settle US isocyanates price-fixing lawsuit-22/09/2011-ICIS News
HOUSTON (ICIS)--BASF had no immediate comment on Thursday regarding its proposal to pay $51m (€37m) to settle a class-action lawsuit accusing it of fixing prices.
Asia PG to stay weak in September on sustained low demand
SINGAPORE (ICIS)--Propylene glycol (PG) prices in Asia may remain flat in September, despite rising costs of feedstock propylene oxide ( PO ), amid continued weakness in downstream demand, industry sources said on Wednesday.
Large US mattress producers accuse PU foam makers of price fixing
HOUSTON (ICIS)--Several of the largest US furniture and mattress manufacturers have accused polyurethane (PU) foam producers of fixing prices, but two foam makers on Friday challenged the allegations. The mattress manufacturers make up a third group of foam customers that have accused PU foam
