Industry News
Chemical Industry News
India’s RCF attracts more interest after agreeing to buy at higher price for east coast
LONDON (ICIS)--Sellers in India have become more eager to commit to urea cargoes after Rashtriya Chemicals and Fertilizers (RCF) issued counter offers for the east coast earlier today. Previously,...
SPOTLIGHT: Most popular stories – green plastics, US port strike, Japan-Europe M&A
NEW YORK (ICIS)--Here are the Top 5 most-read news stories and key themes in the past week to 8 October, captivating our readers in today’s dynamic market. Fascinating to see these major...
Explainer: Why have protein design and structure prediction won the 2024 Nobel prize in chemistry?
Research that has taken us from sequence to structure and back again
Nobel Prize in Chemistry for computational protein design and for protein structure prediction
The Royal Swedish Academy of Sciences has decided to award the Nobel Prize in Chemistry 2024 with one half to David Baker (University of Washington, Seattle, WA, USA) “for computational protein design” and the other
Protein design and structure prediction wins chemistry Nobel prize
David Baker, Demis Hassabis and John Jumper were rewarded for creating computational tools to design proteins and predict their structures that have ‘revolutionised biological chemistry’
Nobel prize crossword 2024
If your Nobel knowledge is second to none, our 2024 Nobel prize crossword is just the puzzle for you
The 2024 Nobel prize in chemistry as it happens – live
Join us as we follow all the developments in the run-up to the awarding of chemistry’s biggest prize
Integrals Powers makes energy density breakthrough in Lithium Manganese Iron Phosphate cell chemistry
Integrals power has made a breakthrough in Lithium Manganese Iron Phosphate (LMFP) cathode active materials for battery cells. Applying its propriety materials technology and patented manufacturing process, the company has overcome the drop in specific
Magnetism without metal: a milestone for materials science
Dr Hongde Yu and Prof Thomas Heine from TUD Dresden University of Technology have succeeded for the first time in predicting metal-free organic magnetic materials using precise computer simulations. These magnetic two-dimensional (2D) polymers could
Sustainable chemistry: Researchers develop method to reduce carbon footprint of chemical industry
Successful reduction of the chemical manufacturing industry’s environmental impact relies on finding a greener way to make the chemical building blocks for common and massively consumed compounds. It’s no secret manufacturing processes have some of
Plant status: Excel Paralubes Group II base oil plant has unplanned maintenance in October
HOUSTON (ICIS)--Here is a plant status report: Name: Excel Paralubes Location: Lake Charles, Louisiana, US Product: Base oils (Group II) Capacity (bbl/day): 22,200 Event start: early October Reason:...
Mexico’s Alfa completes key step towards Alpek spinoff
HOUSTON (ICIS)--The proposed spinoff of Mexican polyester producer Alpek has reached a key milestone, with corporate parent Alfa saying on Tuesday that it has solicited consents from more than 90% of...
US crude futures plunge $3.57/bbl on correction to overbought conditions
HOUSTON (ICIS)—NYMEX WTI crude futures for November delivery settled at $73.57/barrel, down $3.57, after five consecutive up sessions exhausted the upside. WTI, the US benchmark, hit an intra-day...
Argentina’s chemicals output down 3.5% in August, manufacturing down 6.9%
SAO PAULO (ICIS)--Argentina’s chemicals and some petrochemicals-intensive sectors such as manufacturing and construction continue to bear the brunt of the recession, with output falling again in...
Chile’s September inflation down to 4.1%, central bank expected to cut rates further
SAO PAULO (ICIS)--Chile’s annual rate of inflation fell in September to 4.1%, down from July’s 4.7%, reinforcing analysts’ expectation the central bank is to cut interest rates further later...
SHIPPING: September chem tanker arrivals at US port Houston plunge year on year
HOUSTON (ICIS)--September arrivals of liquid chemical tankers at Port Houston plunged compared with the same month a year ago, while arrivals of crude and product tankers and liquefied petroleum gas...
Brazil’s Q3 automotive output highest since 2019
SAO PAULO (ICIS)--Brazil’s petrochemicals-intensive automotive output posted in Q3 its best quarter since 2019 and fully recovered its pre-pandemic levels, trade group Anfavea said. Third quarter...
CRUDE SUMMARY: Oil comes off one-month highs as war premium fades
Talks of a ceasefire calm markets There has been no impact on supplies in the Middle East Preparations for Hurricane Milton start in the US LONDON (ICIS)--Oil prices tumbled on Tuesday on hopes of a...
Middle East, Africa poised to drive growth in base oils’ demand globally – Luberef
RIYADH (ICIS)--The Middle East and Africa are presently the fastest growing regions for base oils’ demand. With a projected compound annual growth rate (CAGR) of over 2.5%, they are poised to drive...