Raw materials costs continue to stay low in the US thanks to the shale boom, but the global decline in oil markets has eroded selling prices for many of the nation’s domestic chemicals and plastics producers.

LONDON (ICIS)--The lifting of sanctions against Iran could be good news for European high density polyethylene (HDPE) supply, said a trader on Tuesday.

LONDON (ICIS)--French specialty chemicals producer Arkema on Monday confirmed its target to generate €10bn sales by 2020 with an earnings before interests, taxes, depreciation and amortisation (EBITDA) margin of close to 17%.

LONDON (ICIS)--The Turkish government has reduced the import duty on some grades of linear low density polyethylene (LLDPE) from 6.5% to 0% with effect from 1 July 2015, sources said this week.