Industry News
Chemical Industry News
Machine learning can predict the mechanical properties of polymers
Polymers such as polypropylene are fundamental materials in the modern world, found in everything from computers to cars. Because of their ubiquity, it’s vital that materials scientists know exactly how each newly developed polymer will
Data archiving with molecules
More and more data needs to be stored, often long-term. Synthetic polymers are an alternative to conventional storage media, as they retain stored information with significantly lower space and energy requirements. However, mass spectrometric data
Towards new reaction pathways
The Attosecond Science group at the Center for Free-Electron Laser Science at DESY has developed a novel light source capable of producing extremely short pulses for the investigation of UV-induced molecular dynamics with unprecedented temporal
US epoxy resins wait with bated breath ahead of duty ruling
HOUSTON (ICIS)--US epoxy resins players are intensely focused on the upcoming duty announcements going into November. October liquid contracts were assessed at an increase of 2 cents/lb ($44/tonne),...
Brazil hydrous ethanol sees small rise, anhydrous stays steady
HOUSTON (ICIS)--Prices for hydrous ethanol saw a slight increase at the lower end of the range, with demand demonstrating stable sales in Q4. Anhydrous ethanol prices remained unchanged based on...
Chile and Colombia PET CFR prices decline amid Asia price reductions
HOUSTON (ICIS)--Chile and Colombia's CFR prices fell on the lower end of the range reflecting the recent price reduction in Asia. Polyethylene terephthalate (PET) prices in Brazil, Argentina and...
SPOTLIGHT: Most popular stories – US distressed companies, Versalis shutdowns, Dow Europe PU under review, oil slumps
NEW YORK (ICIS)--Here are the Top 5 most-read news stories and key themes in the past week to 28 October, captivating our readers in today’s dynamic market. After almost 2 years of a manufacturing...
US ethylene market navigates increased stability, softening demand
HOUSTON (ICIS)--The petrochemical market has reached a level of stability this month, with most crackers in Texas and Louisiana back in operation after two months of planned and unplanned outages....
CRUDE SUMMARY: Israel-Lebanon peace talks weigh on oil benchmarks
Israel-Lebanon peace talks soothe supply disruption fears Stronger US dollar index limits buying appetite ahead of US election US Department of Energy seeks 3 million barrels of oil for SPR LONDON...
OMV swings to Q3 chemicals operating profit of €125m on better margins
LONDON (ICIS)—Austria’s OMV said on Tuesday that it swung to a third-quarter chemicals business operating profit of €125 million from a loss of €36 million a year ago, mainly in light of an...
US consumer confidence improves, job openings fall
HOUSTON (ICIS)--US consumer confidence has improved but the number of job openings has fallen, according to the latest economics and statistical reports on Tuesday. CONSUMER CONFIDENCE The US...
PODCAST: Europe oxo-alcohols, derivatives endure weak demand amid economic woes, geopolitical tensions
LONDON (ICIS)--Throughout October, demand in the European oxo-alcohols and derivatives markets has been slow-paced and below initial expectations. Sluggishness is expected to persist throughout the...
Canada dock workers to launch new strike on Thursday
TORONTO (ICIS)--Dock workers at the Port of Montreal in Canada will go on an indefinite strike at two container terminals, starting Thursday, 31 October, 11:00 local time, labor union and industry...
India ammonia imports down by 14% in January-August 2024 year on year
LONDON (ICIS)--Imports of ammonia into India dropped by 14% in January-August 2024 compared with the same period last year, according to customs data. The top exporter to the south Asian nation was...
India DAP imports down by half in January-August year on year
LONDON (ICIS)--Imports of diammonium phosphate (DAP) into India more than halved in January-August 2024 year on year, according to customs data. India Top DAP Imports (tonnes) Country Jan-Aug 2023...
British gas far curve likely to maintain premium to TTF
UKCS production on track for substantial decline This could support British NBP far-curve premiums to Dutch TTF Supply position to increase Britain’s exposure to global LNG Additional reporting by...
Argentina’s September base oils supply lags demand
SINGAPORE (ICIS)--Argentina’s base oils supply lagged demand in September for the second time in three months even with an ongoing slide in the country’s lube consumption. Argentina’s base oils...
Brief spike for Europe benzene November window trade
LONDON (ICIS)--Europe benzene trade spiked on Thursday, as the contract trading window for November opened. With 20 deals reported, it was the busiest opening day since July. In contrast, spot...
German consumer sentiment ticks up, but uncertainties remain ‘pronounced’
LONDON (ICIS)--Consumer sentiment in Germany ticked up in October, with both income expectations and the inclination to purchase rising for a second month, Nuremberg-based market research firm GfK...
Weaker outlook for China’s spot LNG demand in winter
SINGAPORE (ICIS)--China’s spot LNG demand is likely to remain relatively quiet this winter with ample supply secured in advance, but much depends on winter temperatures. Chinese energy companies...