Industry News
Chemical Industry News
Asia isomer MX to be plagued by dismal upstream conditions
SINGAPORE (ICIS)--Consecutive declines in upstream crude oil futures, on the back of downbeat sentiment over the bearish global demand outlook, are poised to be the theme underpinning this week’s...
Silgan completes acquisition of Weener Plastics
HOUSTON (ICIS)--Silgan Holdings has completed its previously announced €838 million acquisition of Weener Plastics, it said on Tuesday. Netherlands-based Weener Plastics provides packaging and...
Europe MA poised to tighten as delays on imports compound with hampered production but buyers still weighing options
LONDON (ICIS)-- At the EPCA in Berlin last week, a number of players echoed expectation of tightening in the coming weeks as it became clearer that the works on Huntsman's plants in Germany were...
ADNOC completes purchase of majority Fertiglobe stake
LONDON (ICIS)--The Abu Dhabi National Oil Corporation (ADNOC) has completed the purchase of a majority stake in Fertiglobe, bringing its stake in the fertilizer producer to 86.2%, the companies said...
Sunlight-powered device harvests lithium from salty water
Low-energy device is a ‘step forward’ for sustainable lithium mining
UK sanctions Russian troops for deploying chemical weapons in Ukraine
The UK government has announced sanctions on Russian troops for their role in Russia’s use of chemical weapons in Ukraine.
Atom-swapping reaction turns furans into pyrroles
Skeletal-editing technique offers easy way to modify heterocyclic structures
Promoting battery recycling in Europe and industrial by-products to power batteries
New large-scale research projects aim to improve the recycling and recovery of battery materials in Europe and to develop more sustainable battery technologies.The University of Oulu's sustainable chemistry research is involved in two three-year international
UK bioplastics breakthrough wins US plastics industry prize
Floreon was announced the winner of The US Plastics Industry Association’s (PLASTICS) Innovation in Bioplastics Award for its breakthrough plant-based, flame retardant, halogen-free polymer - uniquely suited to high performance engineering applications. The accolade signifies
Plant status: Invista US Houston PDH trip causes shutdown
HOUSTON (ICIS)--Here is a plant status report: Name: Invista Location: Houston, Texas, US Product: Propylene Capacity (tonnes/year): 658,000 Event start: 13 October Reason: Unit shutdown Comments:...
CRUDE SUMMARY: Crude falls as new economic data from China is released
China’s oil imports fall for the fifth consecutive month Chinese government pledged for stronger fiscal stimulus during the weekend OPEC lowers global oil demand forecast for 2024 and 2025 LONDON...
US urea imports increase in January-August as crop production healthy
LONDON (ICIS)--In the US, urea imports were at nearly 4.1 million tonnes in January-August, up 19% from 3.4 million tonnes in the same period of 2023 as robust outlook for crop production, according...
US August PC exports predominantly to Mexico and Canada
HOUSTON (ICIS)--US polycarbonate (PC) exports for August were lower month over month at 24,870 tonnes. Mexico and Canada accounted for 61% of these exports. Exports to China were 2,940 tonnes which...
Hurricane Milton disrupts crucial fertilizer hub, India awaits phosphoric acid settlement
LONDON (ICIS)--Florida's fertilizers industry is grappling with the aftermath of Hurricane Milton after it made landfall as a Category 3 storm. The region, known for its significant role in the...
Americas/EMEA base oils supply outlook: Week of 14 Oct
SINGAPORE (ICIS)--US base oils price premium to feedstock/competing fuel prices extends fall. Domestic/export price premium stays at level that incentivizes refiners to maintain higher output levels...
OMV Petrom’s entry in Bulgarian gas market could boost competition, regional trading
OMV Petrom expands its natural gas supply activities in Bulgaria This could boost regional gas trading, enhancing competition in the Bulgarian gas market The firm holds a Bulgarian exploration...
Europe glycol ethers prices hold steady with focus shifting to 2025
LONDON (ICIS)--E&P series glycol ethers spot prices were stable into mid October as annual contract discussions got underway with participants shifting focus to 2025. Sentiment in the market...
LPG cargo prices fall week on week
LONDON (ICIS)--Spot prices in Europe for propane and naphtha came off recent highs amid cooling upstream crude futures prices, in the week ended 11 October. Sentiment in the liquified petroleum...
Americas/EMEA base oils demand outlook: Week of 14 Oct
SINGAPORE (ICIS)--US base oils demand set to ebb as buyers focus on cutting inventories over coming weeks. Lower base oils margins and prospect of smaller-than-expected surplus at start of Q4 2024...
Nitrate prices hikes in the UK to weigh on farmers’ affordability
LONDON (ICIS)--It was inevitable for prices of nitrate fertilizers to be increased given the recent rally in urea, and an increase in cost of production due to rising gas prices. Yara, CF separately...