Middle East & Africa

SINGAPORE (ICIS)–Asia’s supply of polyethylene (PE) and benzene is tight amid plant shutdowns among suppliers in the face of rising demand as the region’s pace of economic recovery strengthens….   Source: https://www.icis.com/rss/publicrss/?free=true&region=middle%20east

LONDON (ICIS)–It could have been much worse, according to the IMF’s chief economist. While there has been precious little collaborative action between governments, and protectionism around…   Source: https://www.icis.com/rss/publicrss/?free=true&region=middle%20east

LONDON (ICIS)–Shell is now more aligned with the American Chemistry Council (ACC) after the US trade group welcomed in January the return of the US to the Paris Agreement to slow down climate…   Source: https://www.icis.com/rss/publicrss/?free=true&region=middle%20east

SINGAPORE (ICIS)–Click here to see the latest blog post on Asian Chemical Connections by John Richardson, which discusses the recent Iran-China deal. Iran could end up with an 85% share of China’s…   Source: https://www.icis.com/rss/publicrss/?free=true&region=middle%20east

SINGAPORE (ICIS)–Advanced Petrochemical’s net profit surged by 64.4% year on year to Saudi Riyal (SR) 171m in the first quarter of the year amid higher polypropylene sales, the producer said on…   Source: https://www.icis.com/rss/publicrss/?free=true&region=middle%20east

BARCELONA (ICIS)–Europe is suffering a lingering impact from the Suez Canal closure, with delays in deliveries of up to two weeks, while Maersk, the world’s largest shipping company has suspended…   Source: https://www.icis.com/rss/publicrss/?free=true&region=middle%20east

BARCELONA (ICIS)–The closure of the Suez Canal is heaping further pressure on chemical supply chains which are already suffering from product shortages amid strong demand. Suez blockage adds to…   Source: https://www.icis.com/rss/publicrss/?free=true&region=middle%20east

SINGAPORE (ICIS)–Logistical issues hounding petrochemical-rich Middle East may worsen amid the Suez Canal blockage, further limiting its ability to ship cargoes out of the region. The global…   Source: https://www.icis.com/rss/publicrss/?free=true&region=middle%20east

The Suez Canal is blocked by one of the world’s largest container ships, the Ever Given, which is stuck sideways after it ran aground on 23 March. As one of the world’s busiest shipping lanes between…   Source: https://www.icis.com/rss/publicrss/?free=true&region=middle%20east

LONDON (ICIS)–The ongoing blockage of the Suez Canal after a container ship ran aground looks set to further tighten already-stretched chemicals value chains, while likely delivery delays continue…   Source: https://www.icis.com/rss/publicrss/?free=true&region=middle%20east