Supply Chain & Logistics

Tight resin inventories, supply disruptions in 2021 lead to record margins but also to calls for more transparency

Oct 26, 2021

Tightness in 2021 of plastic resin materials such as the polypropylene fiber widely seen in medical protective masks resulted in unprecedented margins but also brought a proposal for more federal oversight.

S&P, IHS Markit offer more divestment to overcome UK’s competition concerns; U.S. FTC has not issued a complaint

Oct 26, 2021

In the U.S., a spokesperson for antitrust with the Federal Trade Commission said by email on Oct. 22 that while the agency doesn’t comment on proposed mergers, confirm or comment on investigations, it will publish a news release if an investigation leads to a...

Mexico gets Braskem to accept new terms on controversial ethane contract

Oct 12, 2021

Braskem agreed on “adjusting” once very favorable terms on its long-term contract to buy Mexican ethane after a year of talks and following an initial adamant Brazilian stance later softened after Mexicans late last year temporarily forced its Veracruz...

U.S. polypropylene producers begin to face buyers’ market after exceptional year of 12% demand growth

Oct 12, 2021

ExxonMobil, LyondellBasell, Braskem and other polypropylene producers faced in late September a buyers’ market for the first time after a year of tight inventories and exceptional demand growth that more than doubled prices.

High shipping costs and logistic hurdles help U.S. resin producers protect margins

Sep 14, 2021

U.S. resin producers will keep their margins relatively protected from most polymer import initiatives, said during an interview an expert in trends related to polyethylene and polypropylene.

North American petrochemicals demand seen strengthening in third quarter

Aug 24, 2021

Demand for North American petrochemicals like plastic resins continued to strengthen at the start of the third quarter, a top official from a leading petrochemical company said while discussing earnings.

Brookfield Infrastructure looks set to buy Inter Pipeline; Pembina to collect termination fee of C$350 million

Aug 10, 2021

Brookfield Infrastructure looked set to buy Inter Pipeline after it raised its offer and the revised bid satisfied Inter Pipeline’s board of directors which changed its recommendation to shareholders to this time encourage them to accept it.

U.S. contractors association warns about inflation, supply chain delays

Jul 20, 2021

The Associated General Contractors of America (AGC), an organization that groups 27,000 member companies, updated in mid-2021 an inflation alert originally issued in the first quarter after most key construction materials such as steel continued to soar while...

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