Sinochem International Corp said it has put up its logistics unit for sale by public auction, aiming to raise about 3.5 billion yuan ($530 million) - part of the Sinochem conglomerate’s efforts to respond to Beijing’s push for a slimmer state sector. SEE MORE The European petrochemical sector may be subject to important regulatory changes in the coming year, which may only surface once the Brexit dust has settled, but analysts and legal experts have pinpointed other potential developments as important for the industry as well. SEE MORE Buying interest for imported isomer-grade xylene (IX) cargoes in China is slowing down as more domestically produced spot volumes were being offered in the market. SEE MORE US toluene values looked to remain strong this week as demand remained firm from the chemical segment. SEE MORE Narrow arbitrage economics into China and the US Gulf Coast would likely keep the Asian benzene market under pressure this week, even as the FOB Korea benzene price marker inched down $3.50/mt week on week last Friday amid volatile crude oil futures. SEE MORE