Acetone Market Update
The acetone settlement for October was unanimously settled at $0.545 per pound. This is a decrease of $0.02 per pound from September’s settlement.
News
Toluene & Xylene Market Update
Traders overshot gasoline demand this past summer with around 3 million barrels of imported toluene and xylene from South Korea in May and June. It took several months to blend off these imports.
HF Sinclair CEO Michael Jennings Joins The Plaza Group Board
The Plaza Group has announced the appointment of Michael Jennings, Chief Executive Officer of HF Sinclair Corporation, as its newest independent board member.
New Faces on Board at Top Service Fuels®
The Plaza Group, a leading international petrochemical marketing firm, has announced the hiring of Perla Zarate and Hayden Hefty.
The Plaza Group Announces Preber as New Board Member
The existing board of The Plaza Group appointed Bradley Preber as its newest board member, and a representative of the Audit Committee. Preber will join Eugene Allspach, Carmine Falcone, Dr. Laura Murillo and Gene Kenyon on the board.
The Plaza Group Announces Dr. Murillo as New Board Member
The existing board of The Plaza Group appointed Dr. Laura Murillo as a new board member; she will serve as Chair of the Nominating & Governance Committee. The new member will join Eugene Allspach, Carmine Falcone and Gene Kenyon on the board.
The Plaza Group’s Mexico office “Grupo Plaza” celebrates its first full year of operations with customers and Board members.
TPG Grupo Plaza completed a full year of operations in June of 2022 and…
Lignosulfonate Market Update
Global and North American lignosulfonate supply will continue to remain tight for the next 2-4 years. In 2019 250,000 metric tons of global lignosulfonate capacity shut down. In 2021 80,000 tons of North American lignosulfonate capacity shut down.
The Plaza Group Adds to Management Team
The Plaza Group has announced the hiring of Paco Rangel as Commercial Director for benzene and styrene.