TITLE

Crude reaches new highs

AUTHOR(S)
Chang, Joseph
PUB. DATE
October 2007
SOURCE
ICIS Chemical Business;10/22/2007, Vol. 272 Issue 15, p24
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article presents information on recent developments in the chemical industry. A major ethylene buyer recently said that it had agreed to withdraw from the bimonthly contract to focus on quarterly pricing. Tight supply and rising demand is stated to have increased the prices of monoethylene glycol (MEG) in the U.S. The recent rise in propylene upstream had prompted some producers to attempt hikes, but they were unable to pass on the higher cost.
ACCESSION #
27300555

 

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