Industry News
Chemical Industry News
Plant status: Indorama Ventures plans Q1 ’25 maintenance at Texas EO, EG site
HOUSTON (ICIS)--Here is a plant status report: Name: Indorama Ventures Location: Clear Lake, Texas Product: Ethylene glycol (EG), ethylene oxide (EO) Capacity (tonnes/year): 355,000 (EG), 450,000...
Europe acetone spot slides again while turnarounds are ongoing
LONDON (ICIS)--Acetone spot prices in Europe edged down again this week as weak demand and reduced export opportunities pressured the market lower. Some producers were separately targeting steady...
VIDEO: Europe R-PET sees lack of single-use plastics directive-related demand
LONDON (ICIS)--Senior editor for recycling, Matt Tudball, discusses the latest developments in the European recycled polyethylene terephthalate (R-PET) market, including: No signs of single-use...
Competition strong as volatility advantageous for Europe PET producers
LONDON (ICIS)--The polyethylene terephthalate (PET) market in Europe is fragmented as broader markets introduce another bout of changing dynamics. Talk of increasing freight rates, including for...
Europe PG spot prices stable to soft on good supply, underwhelming demand
LONDON (ICIS)--The range of prices in the European mono propylene glycol (MPG) spot market narrowed downwards this week on sluggish demand and strong competition between sellers. MPG spot prices...
Asia C3 to see change in trade flows in 2025
XIAMEN (ICIS)--A change in trade flows is on the books in 2025, according to market participants on the sidelines of the International Olefin Annual Conference during the Enmore Contract Season for...
Canada chemical capacity utilization improves to 74.7% in August
TORONTO (ICIS)--Canadian manufacturing capacity utilization rose month on month in August, with utilization in the chemical, plastics and rubber industries also rising, according to the latest data...
Plant status: South Korea’s Hyundai mulling cracker turnaround in Q1 2025
XIAMEN, China (ICIS)--Here is a plant status report: Name: Hyundai Chemical Location: Daesan, South Korea Product: Ethylene, propylene Capacity (tonnes/year): 850,000 (ethylene), 500,000 (propylene)...
US housing starts fall 0.5% in September in ‘muted’ market
HOUSTON (ICIS)--US housing starts fell 0.5% month on month to a seasonally adjusted annual rate of 1,354,000 in September, according to US Census Bureau data on Friday. The decline was in line with...
Plant status: South Korea’s YNCC to overhaul No 2 cracker from Feb 2025
XIAMEN, China (ICIS)--Here is a plant status report: Name: Yeochun NCC (YNCC) Location: Yeosu, South Korea Product: Ethylene, propylene Capacity (tonnes/year): 915,000 ethylene, 590,000 propylene (No...
Modern LNG carriers slide to mid-$20,000s/day low
Spot rates continue to soften Charter activity underscores weak market Unclear if winter demand will offer support LONDON (ICIS)--A slew of available vessels in the Atlantic and Pacific basins...
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New database unlocks predictive power of radical polarity
Resource could help reduce trial and error in synthesis
Yvonne Perrie: ‘Good research culture is about being able to learn and fail without judgment’
The drug delivery expert and multidisciplinary researcher on the importance of learning from failure and how a summer in a margarine factory influenced her career
Online archive of Humphry Davy’s notebooks opens to the public
Historic collection is the result of a five-year long citizen science project
Women stay in science far longer than thought, study of OECD countries suggests
Analysis of publications reveals that, on average, women ‘survive’ as long as men across 16 scientific disciplines
Merck Reiterates Confidence in Returning to Sustainable Growth
Merck is looking confidently toward the future. At the Capital Markets Day, the company shared its expectation of profitable and financially strong growth in the coming years. After the transitional year of 2023, Merck considers
New cathode material developed and patented
A research team from the Skoltech Energy Center, led by Distinguished Professor and director of the center Artem Abakumov, secured a patent for high-capacity cathode materials in lithium-ion batteries made from layered nickel-rich transition metal