Industry News
Chemical Industry News
Germany producer prices fall for 16th month, chemicals off 0.9% year on year
LONDON (ICIS)--Producer prices in Germany fell 1.1% year on year in October, marking a 16th consecutive year-on-year decline, led by a 5.6% decline in energy prices, according to statistical data...
APLA ’24: Moeve to advance sustainable detergent materials – exec
CARTAGENA, Colombia (ICIS)--Moeve Chemicals, previously known as Cepsa Chemicals, is pushing forward with sustainable innovations in the detergent industry, particularly through its linear alkyl...
APLA ’24: Mexico’s Orbia expanding infrastructure to overcome PVC downturn – exec
CARTAGENA, Colombia (ICIS)--The polyvinyl chloride (PVC) market will remain challenging in 2025, with market recovery potentially delayed until 2030, an executive at Mexican producer Orbia said this...
UK likely to import power through January, but risks remain
UK power January ’25 baseload contract at premium to European counterparts This indicates that the UK is likely to remain a net power importer through January, but risks remain ICIS Power Foresight...
APLA ’24: Mexico nearshoring critical as US-Mexico economies intertwined – Evonik exec
CARTAGENA, Colombia (ICIS)--Mexico’s nearshoring trend will continue, even with the prospect of changes with the incoming US Trump administration as the US and Mexico economies are growing more and...
ExxonMobil signs MOU to supply LG Chem’s US cathode plant with lithium carbonate
HOUSTON (ICIS)--ExxonMobil has signed a non-binding memorandum of understanding (MOU) to supply LG Chem’s 60,000 tonne/year cathode plant in Tennessee with up to 100,000 tonnes of lithium...
Asia MMA to continue facing headwinds from bearish conditions for Nov
SINGAPORE (ICIS)--For the rest of November, the Asian methyl methacrylate (MMA) market is poised to face persistent headwinds from seasonal demand lull, weak market confidence and sufficient supply...
For chemistry to thrive, it needs to become less cliquey
We need to help more people break through the barriers of tight networks
Colour-changing textiles for temperature regulation
A new smart fabric switches between reflecting and absorbing states without external energy inputs
KNAUER now officially a place of the future
The Berlin-based manufacturer of high-tech laboratory instruments has now been awarded the “Zukunftsort Berlin Südwest” seal. Juri Effenberg, project manager of the “Regional Incubator Berlin Southwest”, presented Managing Director Alexandra Knauer with the glass sign
New method for new materials
A team of researchers at Otto von Guericke University Magdeburg has developed a new process for producing transition metal nitrides cheaply and more energy-efficiently. Endowed with additional and application-related functionalities, these innovative materials could in
New ion speed record holds potential for faster battery charging, biosensing
A speed record has been broken using nanoscience, which could lead to a host of new advances, including improved battery charging, biosensing, soft robotics and neuromorphic computing. Scientists at Washington State University and Lawrence Berkeley
Aramco, SINOPEC, and Fujian Petrochemical break ground on new refining and petrochemical project in China
Aramco, China Petroleum & Chemical Corporation (SINOPEC), and Fujian Petrochemical Company Limited (FPCL) have broken ground on a new integrated refining and petrochemical complex in Fujian Province, China. The facility is planned to have a 16
Latest EMF global report on brand PCR progress shows 2% increase YoY
HOUSTON (ICIS)--Recently released data from the 2024 Ellen MacArthur Foundation (EMF) Global Commitment report shows brands continue to make progress against their sustainability goals, albeit at a...
US epoxy resins players planning next steps in complex environment
HOUSTON (ICIS)--US epoxy resins is trying to find a path forward as it contemplates 2025 pricing and demand. While there is some expectation of upward momentum, the outlook is vague as players weigh...
APLA ’24: Argentina’s Vaca Muerta boom a growing ‘reality’ but more gas infrastructure needed – economist
CARTAGENA, Colombia (ICIS)--The accelerating production of oil and gas from Argentina’s Vaca Muerta (dead cow in Spanish) shale formation is a growing “reality” but more gas infrastructure is...
APLA ’24: Esenttia making progress on chemical recycling of plastics – Ecopetrol exec
CARTAGENA, Colombia (ICIS)--Colombia-based polymer producer Esenttia is continuing to test its pyrolysis oil with the goal of producing recycled polypropylene (PP), an executive from parent company...
CRUDE SUMMARY: Crude benchmarks volatile as Ukraine fires US-made missiles at Russia
Ukraine strikes Russia with US-made weapons, intensifying fears of NATO-Russia conflict Johan Sverdrup oilfield partially restarts production after power outage US dollar index stays strong, bearish...
Slow-year period weighs on Europe epoxy in November; despite talk of stable trend
LONDON (ICIS)--There have been increasing reports of lower European epoxy resins prices in November, in the context of a slow market, compounded by year-end, despite talk of a stable trend. While a...
Germany raw material price index rises in October after months of declines
LONDON (ICIS)--Germany’s raw materials price index rose in October following declines in the three previous months, according to the latest report by Hamburgisches WeltWirtschafts Institut (HWWI)...