Industry News
Chemical Industry News
Americas/EMEA base oils demand outlook: Week of 18 Nov
SINGAPORE (ICIS)--US base oils demand likely to stay weak as buyers focus on cutting stocks. Ongoing fall in prices and signs of healthy availability of supply add to incentive to hold back. Any sign...
FBMC WEEKLY: ample wind, nuclear to support lower French Day-ahead
LONDON (ICIS) -- Above-average wind power generation across flow-based market coupling (FBMC) countries through week 47 will likely pressure Day-ahead prices this week. ICIS Analytics’ Day-ahead...
NBP-TTF December ’24 spread may narrow as British LNG berthing slots get filled
NBP December ‘24 premium to TTF may tighten as LNG imports to Britain increase Recent bullish movement has led to an uptick in vessels signaling for UK ports Despite potential narrowing, NBP will...
Italian gas exports to Austria likely as PSV front-month flipped below Austrian VTP
Italian PSV December '24 flipped to a discount to the Austrian VTP on 13 November Italy could increasingly export volumes to Austria in the weeks ahead Italian gas system expected to remain well...
Global base oils arb outlook: Week of 18 Nov
SINGAPORE (ICIS)--Group III 8cSt base oils prices strengthen vs Group III 4cSt base oils in US, Europe and Asia since Q2 2024. Source: ICIS Group III 8cSt price differential vs 4cSt strengthens to...
MARGINS: Europe naphtha-based PE margins down, LPG-based operators post slight increase
LONDON (ICIS)--Margins at naphtha-based polyethylene (PE) plants in Europe fell week on week while operators using liquefied petroleum gas (LPG) posted a rise, ICIS Margin Analysis showed on Monday....
Global base oils margins outlook: Week of 18 Nov
SINGAPORE (ICIS)--Global base oils prices stay more mixed versus feedstock/gasoil prices. Falling US export price premium to vacuum gasoil (VGO) points to weak supply-demand fundamentals, adds to...
MARGINS: Europe naphtha-based MEG margins down, LPG-based margins increase
LONDON (ICIS)--Margins at naphtha-based monoethylene glycol (MEG) plants in Europe fell week on week while operators using liquefied petroleum gas (LPG) posted a rise, ICIS Margin Analysis showed on...
Corrected: Plant status: Fire erupts at Braskem PVC plant in Camacari, Brazil
Correction: In the ICIS news story originally headlined "Plant status: Fire erupts at Braskem PVC plant in Alagoas, Brazil" dated 18 November 2024, please read in the headline, location and capacity...
INSIGHT: Europe, US chemicals have most to lose from a new trade war
BARCELONA (ICIS)--Donald Trump’s resounding victory in the US presidential election gives him a powerful mandate for a policy agenda which includes ramping up trade tariffs across the board as he...
European naphtha market faces pressure amid mixed dynamics
LONDON(ICIS)--The European naphtha market continues to navigate challenges, with spot prices softening under pressure from lower crude values and limited buying interest. Ample prompt supply,...
Petrobras, Yara sign partnership agreements on fertilizers, industrial products
LONDON (ICIS)--In Brazil, Petrobras and Yara have signed two agreements to structure a potential partnership for fertilizers and industrial products, both based on resumed production at Araucaria...
Plant status: Dow, Argentina restarts LLDPE unit after planned maintenance – sources
CARTAGENA, COLOMBIA (ICIS)--Here is a plant status report. Name: Dow Chemical Location: Bahia Blanca, Argentina Product: Linear low-density polyethylene (LLDPE), Capacity (tonnes/year): 310,000 Event...
Asia ammonia demand to remain subdued until end 2024
LONDON (ICIS)--Asian ammonia demand is expected to continue to be weak for the rest of the year, as most buyers focus on contract shipments and look forward to their 2025 supply negotiations....
European PVC negotiations centre on rollovers, increases for November
LONDON (ICIS)--European polyvinyl chloride (PVC) monthly contract negotiations for November have centred on rollovers or increases equivalent to the cost pass through from feedstock ethylene,...
European PVC export prices rise in week ending 15 November on higher feedstocks
LONDON (ICIS)--European polyvinyl chloride (PVC) export spot prices were stable to firm in the week ending 15 November on the back of higher feedstock prices. FOB (free on board) export PVC prices...
What are the limits of life?
In search of design principles that would apply to living systems evolved anywhere in the universe
University of Reading proposes closing its chemistry department next year
The university joins several others that are considering the future of their departments and undergraduate programmes
Achieving Climate Neutrality – Study Shows Regional Transformation Pathways for German Energy System
A new study by the Fraunhofer Institute for Solar Energy Systems ISE shows potential technological transformation paths towards climate neutrality by 2045 at the state level in Germany. The cross-sectoral energy system model "REMod" was
Developing advanced recycling technology to restore spent battery cathode materials
A research team led by Dr. Jung-Je Woo at the Gwangju Clean Energy Research Center of the Korea Institute of Energy Research (KIER) has successfully developed a cost-effective and eco-friendly technology for recycling cathode materials