Industry News
Chemical Industry News
European acetone MMA contract eases with propylene
LONDON (ICIS)--The European acetone methyl methacrylate (MMA) contract for October has decreased by €28/tonne from September, following the fall in the upstream propylene contract this month. The...
Europe October ethylene contract price falls by €32.50/tonne
LONDON (ICIS)--The European ethylene contract reference price for October has been set at €1,182.50/tonne, down by €32.50/tonne from September. Two producers and two consumers have separately...
US port strike could begin biting polyurethanes in couple of weeks
ATLANTA (ICIS)--The polyurethanes industry will likely experience little impact from the port strike on the eastern seaboard of the US if it can be resolved within the next couple of weeks, an...
US manufacturing contracts for sixth month in September
HOUSTON (ICIS)--US manufacturing sector activity contracted for a sixth consecutive month in September and for the 22nd in the last 23 months, according to the Institute for Supply Management’s...
Plans submitted for 3GW of green hydrogen in the UK
A 3GW hydrogen project plan in the UK has been submitted by Statera Energy This project will provide a source of flexible demand in Scotland, assisting with balance of electricity 500MW is set to be...
Turkey fertilizers interactive trade flow map for January-August 2024
LONDON (ICIS)--The Turkish Statistical Institute has released fertilizers trade data for January to August 2024. Please select a product from the drop-down menu...
Romgaz’s bond highlights investors appetite for gas projects
Romania’s largest gas producer issued a debut €500 million Eurobond The proceeds will go towards supporting the firm’s key energy projects like the Neptun Deep gas field First gas volumes from...
India AN imports fall 36% year on year in January-July
LONDON (ICIS)--India’s imports of ammonium nitrate (AN) fell 36% to 189,198 tonnes in the January-July period on the back of a decline in shipments from all its key markets, customs data shows....
MARGINS: Lower feedstock costs drive Europe naphtha-based PE margins up
LONDON (ICIS)--Softer feedstock costs drove naphtha-based polyethylene (PE) margins up week on week in Europe, ICIS Margin Analysis showed on Tuesday. Producers using liquefied petroleum gas (LPG)...
Chemical group issues warning as port strikes start in US and Canada
HOUSTON (ICIS)--As expected, dockworkers on the US East and Gulf coasts went on strike early on Tuesday after labor union International Longshoremen's Association (ILA) rejected the latest wage offer...
Colombia’s central bank cuts rates by 50 basis points to 10.25%
SAO PAULO (ICIS)--Colombia’s Banco de la Republica decided late on Monday to cut its benchmark interest rate by 50 basis points to 10.25% in a split decision among members of its monetary policy...
INSIGHT: ADNOC pushes deeper downstream with Covestro offer
LONDON (ICIS)--After more than a year of sporadic talks, ADNOC may finally be set to acquire Covestro in the latest move by the oil major to diversify its portfolio and push into global markets. The...
Ukraine’s storage demand may erode CEE gas prices discount
Additional reporting by Deepika Thapliyal Ukraine’s Naftogaz races to meet storage target for November 1 Hungarian-Ukrainian border capacity booked for October. Central eastern European gas prices...
US July base oils supply rises
SINGAPORE (ICIS)--US base oils and lube supply rose to a two-year high in July on the back of a recovery in domestic production and an extended pick-up in imports. The rise in supply facilitated...
SEE trio eye tax trading measures to tackle high prices
Greece, Romania and Bulgaria ask the European Commission to take measures on electricity market problems in Southeast Europe The price volatility in southeast Europe has put significant pressure on...
Twelve Nobel laureates tell us about winning chemistry’s biggest prize
Winners from the last two decades look back on the day a call from Stockholm changed their lives
Beyond hydrogen bonding: new definitions for secondary bonding interactions to end confusion
The 20-year struggle to define secondary bonding interactions
A breakthrough discovery paves the way for new electronics with chiral materials
Orbital angular momentum monopoles, which have been predicted to offer significant advantages for next generation of electronic devices, have now been observed for the first time in chiral materials by scientists at the Max Planck
Sustainably producible covalent organic networks capture carbon dioxide
An international research team led by Heinrich Heine University Düsseldorf (HHU) and the University of Siegen has synthesized a new compound that forms a so-called covalent organic network. The phosphonic acid-based compound is stable and
New catalyst developed for sustainable propylene production from biomass
Achieving carbon neutrality requires the effective use of renewable biomass. In the production of biodiesel, for instance, glycerol is generated as a major byproduct. Researchers at Osaka Metropolitan University have developed a new catalyst that