ICIS adds Asian report

March 2007
ICIS Chemical Business;3/5/2007, Vol. 2 Issue 56, p42
Trade Publication
The article reports on the launch of the monthly propylene-to-polypropylene (PP) chain report covering the Asian market by International Chemical Information Services (ICIS) Forecasting. Propylene consumption is dominated by PP, which accounts for 62% of global consumption, and is one of the fastest-growing derivatives at 5-6%/year. The Asian propylene market saw a stellar year in 2006 when the highest price level hit $1,340/tonne in August 2006, after a low of $755/tonne in June 2005.


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