After a prolonged dry spring and early summer, Mexico has declared an end to the drought that disrupted daily life and business operations. Several companies have lifted their Force Majeure notices, which were strictly implemented due to the drought. The increased rainfall has also improved logistics around major Mexican ports and terminals. In related news, water levels in the Panama Canal are rising, and daily ship traffic has returned to normal levels not seen in years. To read more, click here.

Global Petrochemical Overhauls
Markets across the globe are taking a serious look at production and capacities, and recently have seen a wave of consolidation in the face of