Industry News
Chemical Industry News
Recycling batteries with citric acid
A simple, highly efficient, inexpensive, and environmentally friendly process could provide a viable pathway for the sustainable recycling of depleted lithium-ion batteries (LIBs): No chemicals beyond citric acid need to be added to leach out
Ytterbium thin-disk lasers pave the way for sensitive detection of atmospheric pollutants
Alongside carbon dioxide, methane is a key driver of global warming. To detect and monitor the climate pollutants in the atmosphere precisely, scientists at the Max Planck Institute for the Science of Light (MPL) have
Breakthrough in capturing ‘hot’ CO2 from industrial exhaust
Industrial plants, such as those that make cement or steel, emit copious amounts of carbon dioxide, a potent greenhouse gas, but the exhaust is too hot for state-of-the-art carbon removal technology. Lots of energy and
Polish fertz maker Azoty enters explosives production project
LONDON (ICIS)—Poland’s Grupa Azoty said on Monday that it has signed a letter of intent (LoI) to enter into explosives production with the country’s Industrial Development Agency (ARP), Polska...
US corn and soybean harvest over; optimism weather stays beneficial, applications advance
HOUSTON (ICIS)--Although some locations still have some final acreage remaining, the latest US Department of Agriculture (USDA) weekly crop progress report is reflecting a completion of corn and...
APLA ’24: Mexico policies to boost economic growth, chemicals demand – Pochteca CEO
CARTAGENA, Colombia (ICIS)--Mexico’s business policies under new President Claudia Sheinbaum should support the economy and demand for chemicals, said the CEO of Mexico-based chemical distributor...
CRUDE SUMMARY: Benchmarks climb on escalating Russia-Ukraine tensions, outage at Johan Sverdrup
Russia launches largest air strike on Ukraine in almost three months US president Biden permits use of US-manufactured weapons by Ukraine Sverdrup outage tightens North Sea oil supply on Monday...
Pochteca optimistic on US-Mexico trade, investment despite tariff threat – CEO
CARTAGENA, Colombia (ICIS)--US-Mexico trade should continue to be robust, and the US-Mexico-Canada Agreement (USMCA) renegotiated on favorable terms in 2026 with additional protection from Asia...
DATA WATCH: US base oil demand matching 2023’s historic low may be best-case scenario
HOUSTON (ICIS)--Data suggest that US base oil demand may struggle to improve upon 2023’s stunning historic low. Base oil supplied to buyers is down by 7.6% year to date through August compared with...
APLA ’24: LatAm chems should prepare for rebalancing to take place only from 2030 onwards – APLA
CARTAGENA, Colombia (ICIS)--Latin American chemicals producers should be prepared to face a prolonged downturn which could extend to 2030 as newer capacities globally keep coming online, according to...
Bangladesh MoA issued new purchase tender as phosphates activity in India falls silent
LONDON (ICIS)--In Bangladesh, the Ministry of Agriculture (MoA) issued a new purchase tender for an unspecified quantity of diammonium phosphate (DAP), after offers received in the previous tender...
Americas/EMEA base oils supply outlook: Week of 18 Nov
SINGAPORE (ICIS)--US base oils prices trend lower relative to feedstock and competing fuel prices. Lower margins and earlier fall in outright prices compared with H2 2023 could help to limit size of...
US homebuilders become less pessimistic in November
HOUSTON (ICIS)--Sentiment among US housebuilders improved in November from October, but their outlook remains pessimistic, the National Association of Home Builders (NAHB) said on Monday. Builder...
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...