Industry News
Chemical Industry News
Plant status: S Korea’s Hanwha to shut three caustic soda lines on 9 Feb
SINGAPORE (ICIS)--Here is a plant status report: Name: Hanwha Solutions Location: Yeosu, South Korea Product: Caustic soda Capacity (tonnes/year): 495,000 (lines 1, 2 and 4) Event start: 9 February...
Plant status: S Korea’s Hanwha to shut caustic soda line 6 on 24 Feb
SINGAPORE (ICIS)--Here is a plant status report: Name: Hanwha Solutions Location: Yeosu, South Korea Product: Caustic soda Capacity (tonnes/year): 270,000 (Line 6) Event start: 24 February Event...
Plant status: S Korea’s Hanwha to shut caustic soda lines on 20 Feb
SINGAPORE (ICIS)--Here is a plant status report: Name: Hanwha Solutions Location: Yeosu, South Korea Product: Caustic soda Capacity (tonnes/year): 350,000 (Lines 3 and 5) Event start: 20 February...
Oil prices mixed as Israel-Hamas ceasefire begins; supply concerns persist
SINGAPORE (ICIS)--Oil prices were mixed on Monday afternoon amid easing tensions in the Middle East as the Israel-Hamas ceasefire took effect on 19 January, although supply concerns remain amid US...
Festo Celebrates its Centenary – 100 Years in Motion!
Creating added value for customers through innovation has been the driving force behind the family-owned company from the very beginning and remains the key to Festo's success today. With its constant determination to make people's
Battery start-up incubator launches at TUM
To strengthen Germany's technological sovereignty in the field of battery technologies, the Battery Start-up Incubator (BaStI) is being established at TUM. Funded with 3.3 million euros by the Federal Ministry of Education and Research (BMBF),
Better Basics Laborbedarf wins “Best of Industry Award 2024”
Better Basics Laborbedarf, the developer and provider of modular laboratory organisation systems, has been honoured with the “Best of Industry Award 2024” for its “SmartIntegrate” product line in the Laboratory and Analytical Technology category. This
India PVC prices soften amid softer Feb shipment offers
MUMBAI (ICIS)--Polyvinyl chloride (PVC) spot prices in India weakened in the week ended 17 January 2025, as the deals took place at lower levels due to February shipment offers emerging softer during...
S Korea solvent MX export prices up on firmer upstream
SINGAPORE (ICIS)--South Korea export prices for solvent grade mixed xylenes (MX) registered increase in the week ended 17 January, reflecting stronger upstream performance and gains in related...
IMF raises developing Asia growth forecasts on better China outlook
SINGAPORE (ICIS)--The International Monetary Fund (IMF) has revised up its growth projections for emerging and developing Asian economies for the next two years to 5.1% amid improved prospects in...
INSIGHT: Asia braces for Trump’s trade upheaval
SINGAPORE (ICIS)--Asian policymakers are bracing for the return of Donald Trump, dubbed "Trump 2.0," with heightened concerns over increased trade tariffs, ahead of his inauguration as US president...
China’s average MTBE plant run rate edges down to 55.3%
SINGAPORE (ICIS)--The average run rate of China’s methyl tertiary butyl ether (MTBE) plants decreased to 55.3% in the week ended 17 January, ICIS data showed. It was slightly lower week on week....
China BPA average plant run rate falls to 70.5%
SINGAPORE (ICIS)--China’s bisphenol A (BPA) plants were running at an average rate of 70.5% in the week ended 17 January, ICIS data shows. The average run rate dropped in response to lower run...
S Korea isomer MX export prices firm to highest point so far this year
SINGAPORE (ICIS)--South Korea export prices for isomer grade mixed xylenes (MX) rose to the highest point so far in the year, tracking strong upstream performance and firmer discussions. Seasonal...
Plant status: China’s Sinopec Shanghai Petrochemical restarts BD plant
SINGAPORE (ICIS)--Here is a plant status report: Name: Sinopec Shanghai Petrochemical Location: Shanghai, China Product: Butadiene (BD) Capacity (tonnes/year): 53,000 Event start: 10 September 2023...
Plant status: Thailand’s TPI Polene to ramp up EVA output in Feb ‘25
SINGAPORE (ICIS)--Here is a plant status report: Name: TPI Polene Location: Map Ta Phut, Rayong, Thailand Product: Ethylene vinyl acetate (EVA) Capacity (tonnes/year): 158,000 (65,000 EVA + 93,000...
SE Asia-bound solvent MX rise to its highest point since H2 Oct
SINGAPORE (ICIS)--Spot prices of southeast Asia-bound solvent grade mixed xylenes (MX) were firmer in the week ended 17 January, reflecting higher discussions following gains in upstream crude oil...
Europe’s top tech investors feature major public entities, contrasting with the US’s private investor-led landscape
Tech startups hold significant potential to drive innovation and progress. They also present unique challenges that only investors with expertise in IP are well-equipped to tackle effectively. A new report published today by the European
Wyndham Port designated as a First Point of Entry will benefit Agrimin SOP project in Australia
HOUSTON (ICIS)--Advancing the Mackay Potash project, Agrimin Limited announced that the Wyndham Port has been designated as a First Point of Entry (FPOE) by the Western Australian and federal...
LatAm PE international prices steady to higher on increased US export offers
SAO PAULO (ICIS)--International polyethylene (PE) prices were assessed as steady to higher across the region, on the back of higher US export offers. Market players reported some concerns about the...