Industry News
Chemical Industry News
Colombia’s SIC investigates Mexichem for alleged market abuse in PVC sector
HOUSTON (ICIS)-–The Superintendence of Industry and Commerce (SIC) in Colombia is looking into allegations that Mexichem Resinas abused its position as the only domestic producer of...
US July P-series glycol ethers down from last month, E-series prices seen between rollover and slight decrease
HOUSTON (ICIS)--The midpoints of P-series glycol ethers and one E-series glycol declined slightly in July, while another E-series product was unchanged from June. E-series glycol ethers include butyl...
NYMEX: US natural gas futures rebound on some demand
US natural gas futures rebounded from the previous session as feedgas demand returned, despite a larger storage build The September ’25 front-month contract settled at $3.106/MMBtu, up 2% from the...
Plant status: Dow plans October turnaround at US MMA unit
HOUSTON (ICIS)--Here is a plant status report: Name: Dow Chemical Location: Deer Park, Texas, US Product: Methyl methacrylate (MMA) Capacity (tonnes/year): 475,000 Event duration: October Reason:...
CRUDE SUMMARY: Crude prices fall as market continues to be subdued by US crude inventory data
Looming US trade deal deadline leaves market awaiting clarity on full impact EIA data continues to weigh after showing build in US crude inventories US June core PCE figures display 2.8% increase...
OUTLOOK: Tariffs to squeeze US oleochemical margins as costs rise relative to demand
HOUSTON (ICIS)--Hefty tariffs imposed on oleochemicals imports from southeast Asia are likely to further squeeze margins for US oleochemicals players in H2 2025 as players across the supply chain are...
Canada May GDP edges down 0.1%; Trump threatens trade deal
TORONTO (ICIS)--Canada’s real GDP fell 0.1% month on month in May, following a 0.1% April decline and a 0.2% March increase, according to data from federal agency Statistics Canada (StatCan) on...
Eastern US cold front leaves little room for growth in US gas futures
Gas storage data shows net injection exceeded analyst expectations, 5-year average Colder-than-average temps provide relief for Southeast, lowering cooling demand Freeport LNG outages lower average...
OUTLOOK: US polyethylene pressured by global tariff policy, reliance on export sales
HOUSTON (ICIS)-- The US polyethylene (PE) capacity, again, grows this year, albeit lower than trendline with only one plant coming online in 2025. The industry will likely continue to face volatility...
OUTLOOK: US acetone in H2 to remain balanced in challenging market
HOUSTON (ICIS)--US acetone is on edge in a challenging macroeconomic environment in H2 as tariff headwinds make a recovery difficult. Feedstock refinery-grade propylene (RGP) trading has become far...
OUTLOOK: US BD supply to lengthen further in H2
HOUSTON (ICIS)--US butadiene (BD) has been long for Q2 and is expected to lengthen further into H2. Limited outages, stable demand and diminished export demand allowed supply to increase, placing...
French and German solar surge leading to rising negative price hours in France
French negative price hours in 2025 so far exceed the figure reached last year Rising solar in domestic and neighboring countries, strong nuclear are key drivers Analyst and traders note that battery...
Trump extends deadline for Mexico tariff deal by 90 days
HOUSTON (ICIS)--US President Donald Trump on Thursday extended the deadline for a trade deal with Mexico by 90 days, leaving in place the current agreement, according to a post on social media. Trump...
INSIGHT: US-South Korea deal following EU agreement gives clarity on aromatics imports
NEW YORK (ICIS)--The US-South Korea trade deal will provide much-needed clarity for US aromatics imports, especially following the US-EU agreement. US President Donald Trump on the Truth Social...
Brazil’s Braskem Q2 PE prices fall on tariffs woes, increases expected in H2
SAO PAULO (ICIS)--Braskem resin sales in its domestic Brazilian market increased by 3% in Q2 2025, compared with Q1 of 2025, on the back of the anticipation of purchases in the transformation chain...
Europe TDI force majeure triggers shockwaves globally
LONDON (ICIS)--Covestro’s force majeure declaration on toluene diisocyanate (TDI) has had a ripple effect in various parts of the world reshaping supply and impacted prices. Covestro...
Europe melamine demand remains soft heading into August; spot prices hold steady
LONDON (ICIS)--European melamine market conditions are largely unchanged ahead of August. Demand is expected to remain stable at a lower level during the summer period, due to some end user...
Global air cargo demand rises 0.8% in June as Asia leads growth – IATA
LONDON (ICIS)--Global air cargo demand rose by 0.8% year on year in June, according to the International Air Transport Association (IATA), with strong gains in Asia-Pacific helping offset sharp...
Italy’s June lube demand rises
SINGAPORE (ICIS)--Italy’s lube demand rose in June for the third time in four months, adding to signs that Europe’s sustained dip in lube consumption is bottoming out. Steady-to-firm lube...
Strong LNG inflows support German gas injections amid Rehden underfill
Germany’s gas injections remain supported by strong LNG sendout ahead of Norwegian maintenance peak July LNG imports and sendout hit multi-year highs, with daily average up 72.6% year-on-year...