Uncertainty fuels styrene hike

Gibson, Jane
August 2006
ICIS Chemical Business;8/14/2006, Vol. 1 Issue 31, p31
Trade Publication
The article reports on the styrene price hike. Shell's force majeure at its Ellba facility in the Netherlands and uncertainty following the sudden upsurge in crude oil prices, has taken styrene spot numbers to unprecedented highs. The high costs are blamed primarily on the tightness, but have been exacerbated by rising energy and benzene costs. Crude values spiked suddenly following BP's discovery of severe corrosion on a pipeline in Alaska.


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