Industry News
Chemical Industry News
Scientists unveil new insights into air pollution formation
A team of researchers at the Fritz Haber Institute of the Max Planck Society in Berlin, the Qatar Environment and Energy Research Institute/Hamad Bin Khalifa University, the synchrotrons PETRA III in Hamburg and SOLEIL in
Femtosecond-fieldoscopy accesses molecules fingerprints at near-infrared spectral range
In a breakthrough that could revolutionise biomarker detection, researchers at the Max Planck Institute for the Science of Light have developed a novel technique called ‘femtosecond-fieldoscopy’. This method enables the precise measurement of minute liquid
Fraunhofer ISE Inaugurates New Research Center for Batteries
Batteries are a key building block for a successful energy transition, whether for the electrification of transport, the stabilization of the power grid or balancing fluctuations in green electricity. The Fraunhofer Institute for Solar Energy
Idemitsu Kosan, Mitsubishi Corporation announce joint study on low-carbon ammonia
HOUSTON (ICIS)--Idemitsu Kosan and Mitsubishi Corporation announced they have agreed to jointly study the efficient operation of clean ammonia carriers and transshipment terminals. The companies said...
Atlas Agro, International Raw Materials announce green nitrogen offtake and marketing deal
HOUSTON (ICIS)--Fertilizer producer Atlas Agro and plant nutrient distributor International Raw Materials have announced a binding strategic offtake and partnership agreement for the green nitrogen...
Mexico’s Orbia lowers 2024 guidance, PVC group reports flat Q3 income
HOUSTON (ICIS)--Orbia's vinyls business reported on Wednesday that Q3 operating income was flat year on year amid lower costs for ethylene and electricity as well lower volumes and prices. The...
US gasoline supplies rise as refinery utilization rates increase
HOUSTON (ICIS)--US gasoline supplies rose for the week ended 18 October, thanks in part to a rise in refinery utilization rates. Gasoline stocks increased week on week, according to the US Energy...
Indonesia Aug palm oil stocks fall to historic lows as consumption outpaces production – GAPKI
HOUSTON (ICIS)--Indonesian palm oil ending stocks fell for the third consecutive month in August, hitting historic lows, according to the latest press release from the Indonesian Palm Oil Association...
US refiners note tighter margins – US Fed
HOUSTON (ICIS)--US refiners noted that margins have contracted, the Federal Reserve said on Wednesday in its Beige Book. The Beige Book is a summary of US economic activity during the past six weeks...
CRUDE SUMMARY: Oil slips as increased US crude stocks calm supply worries
US crude and gasoline stocks rise, US distillate inventories decline Higher North Sea freight rates could discourage local crude purchases Sustained US dollar index strength limits buying appetite...
N American weekly chemical rail traffic rises 0.5% year on year
HOUSTON (ICIS)--North American chemical rail traffic rose 0.5% year on year to 45,831 loadings for the week ended 19 October, according to the latest freight rail data from the Association of...
European refinery solvents prices largely flat across products
LONDON (ICIS)--European refinery solvents free delivered (FD) prices were largely stable this week, although hexane saw a slight rise in average numbers. For white spirit, prices were heard above the...
US existing home sales fall 1.0% in September, buyers may hesitate ahead of election
HOUSTON (ICIS)--Sales of existing homes in the US fell 1.0% from August to a seasonally adjusted annual rate of 3.84 million in September, the National Association of Realtors (NAR) reported on...
Global premium-grade imports from Middle East rise in August
SINGAPORE (ICIS)--The delivery of premium-grade base oils from the Middle East to key global outlets recovered in August on the back of a surge in shipments from Bahrain. Europe was the destination...
Plant status: INEOS Inovyn’s maintenance shutdowns concluded at several plants
LONDON (ICIS)--Here is a plant status report: Name: INEOS Inovyn Locations: Rheinberg, Germany; Tavaux, France; and Rafnes, Norway Products: Caustic soda, chlorine Capacity (tonnes/year): Rheinberg:...
Azoty says new Polish PDH-PP plant test output hits 200,000 tonnes
LONDON (ICIS)--Poland’s Grupa Azoty said on Wednesday that its worldscale propane dehydrogenation (PDH) and polypropylene (PP) plant has produced 200,000 tonnes of PP in test mode since the...
Canada central bank cuts key rate by 50 basis points amid lower inflation
TORONTO (ICIS)--Canada’s central bank, the Bank of Canada, on Wednesday cut its target for the overnight lending rate by 50 basis points to 3.75% amid lower inflation, a soft labor market, and low...
Moldovagaz in talks with Russia for gas deliveries via Ukraine – sources
LONDON (ICIS)--Moldova and Russia have been in talks for the delivery of gas via Ukraine after the expiry of the current transit agreement on January 1, 2025, according to several market sources and...
Turkey and Brazil continue to be the main consumers of Iranian urea
LONDON (ICIS)--Iran’s exports of urea increased to nearly 4.4 million tonnes in January-September, up 18% from 3.7 million tonnes in the same period of 2023, as buyers in Turkey and Brazil continue...
Belgian winter power demand up with gas meeting shortfall
Belgian winter power demand to rise year on year, imports and nuclear fall Gas-for-power demand to rise to meet shortfall Gas export to fall to compensate lower imports from Britain LONDON (ICIS) –...