Attend PetroChem Wire's FREE Half-Day Seminar in Houston
You are warmly invited to “Now More Than Ever,” PetroChemWire's FREE seminar in Houston.
With more material all along the US petrochemical value chain now available to the world, experts from PCW – the provider of benchmark olefins and polymers prices for the CME and ICE – will discuss the volatile petrochemicals space, managing price risk, feedstock economics and the impact of new capacities.
You can also network at our cocktail reception following the presentations.
Where: Hearsay on the Green, 1515 Dallas St., Houston TX 77010
When: 2-5 p.m., March 20, 2018 (Cocktail reception 4-5 p.m.)
Kathy Hall, CEO and Executive Editor, PCW
David Barry, Senior Editor, PCW
Robert Sharp, Senior Editor, PCW
Samantha Hartke, Product Manager, PCW
Trey Hamblett, VP of Chemicals Research, IIR Energy
PET imports up 22.5% in Jan, surge from Oman, Pakistan; none from Brazil
HOUSTON, March 7, 2018 (PCW) -- US imports of PET resin totaled 67,512 metric tons in Jan, up by 12,390 mt or 22.5% from Jan 2017, the latest US Commerce Department data show.
Imports this past Jan surged from Oman at 9,816 mt, up from just 501 mt or by 1,859% in Jan 2017. Imports from Pakistan totaled 5,125 mt in Jan 2018, up by 3,798 mt or 286% from Jan 2017.
At the same time, there were no imports from Brazil in Jan 2018 compared to 6,462 mt in Jan 2017, while imports from Russia totaled 2,226 mt in Jan, up from none in Jan 2017.
The top source of imports in Jan 2018 was Mexico at 18,872 mt, down by 4,716 mt or 20% from Jan 2017.
Anti-dumping duties are expected to be imposed in late April on US PET imports from South Korea, Pakistan, Brazil, Taiwan and Indonesia. -- Xavier A Cronin