Industry News
Chemical Industry News
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
Navigating the Future of Sustainable Chemistry and Textiles
How can innovations in Sustainable Chemistry drive a more sustainable textile industry? Which factors play a role for investors and potential customers for successful sustainability-driven start-ups? And what are future promising trends in Sustainable Chemistry
LatAm PE domestic prices steady to lower on weak demand, sufficient supply
SAO PAULO (ICIS)--Domestic polyethylene (PE) prices were assessed as steady to lower across Latin American (LatAm) countries while international prices were unchanged this week. Overall supply...
LatAm PP domestic, international prices stable on sufficient supply, soft demand
SAO PAULO (ICIS)--Domestic and international polypropylene (PP) prices were assessed unchanged this week across Latin American countries. Overall supply remains sufficient, and demand is soft. In...
SHIPPING: Asia-US container rates stable as East Coast port labor negotiations break down
HOUSTON (ICIS)--Rates for shipping containers from east Asia and China to the US were largely stable this week but exporters are being urged to book outgoing shipments 4-6 weeks in advance as labor...
CRUDE SUMMARY: Crude benchmarks fall following bearish week of global oil demand growth outlooks
US Federal Reserve Chair, Jerome Powell, suggests slower pace of interest rate cuts IEA’s Fatih Birol highlights weakening oil demand growth Chinese October industrial production confirms slow...
Plant status: Enterprise’s Texas PDH1 unit down on utility substation power interruption
HOUSTON (ICIS)--Here is a plant status report: Name: Enterprise Products Partners Location: Mont Belvieu, Texas Product: Propylene Capacity (tonnes/year): 750,000 Event start: 14 November Event...
Canada’s manufacturing sales fall for second month in September, chemicals off 1.6%
TORONTO (ICIS)--Canada’s manufacturing sales fell 0.5% month on month to Canadian dollar (C$) $69.1 billion (US$49.0 billion) in September, marking a second consecutive monthly decline, according...