Helena Strathearn

LONDON (ICIS)--An explosion on Thursday night at a Synthos petrochemicals facility in Oswiecim, south Poland, has affected some production units but left no injured. The facility has the capacity to produce 120,000 tonnes/year of styrene, 225,000 tonnes/year of styrene butadiene rubber (SBR), 275,000 tonnes/year of synthetic rubber, and 275,000 tonnes/year of emulsion styrene butadiene rubber (E-SBR), according to ICIS data.

LONDON (ICIS)--Europe styrene daily spot prices have surged by nearly 30% in the past two weeks, reaching pre-pandemic levels and 2020 highs as fundamentals remain firm. At the beginning of October, spot prices were at $600/tonne, but less than six weeks later prices averaged $900/tonne on Tuesday as bids stood at $850/tonne and offers spiked to $950/tonne.