Industry News
Chemical Industry News
Greek wind capacity targets until 2050 overambitious – ICIS analysis
ICIS Analytics data shows much lower expectations of wind capacity until 2050 compared to latest Greek NECP NECP plans to reduce costs; notes increasing electricity production from RES and developing...
Nitrate prices under pressure as poor weather, affordability hit demand
LONDON (ICIS)--Nitrate producers in Europe have finally woken up to the plight facing farmers and started to reduce prices in a bid to spur sales - although demand still remains weak. Yara,...
Higher gas storage depletion risk on tight Dutch TTF Q4 contango
Narrow TTF October ‘24-December ‘24 spread and tight global LNG balance make floating arbitrage unlikely Potential for quicker underground storage depletion Plaquemines start-up, mild weather...
Greek gas levy abolition could boost local demand – sources
The Greek government may abolish a €10/MWh levy This could boost local demand, CCGT output Traders await updates on the levy in the coming days WARSAW (ICIS)-- Greek power prices could become...
Europe MEG September contract fully confirmed at €2.50/tonne decrease
LONDON (ICIS)--The European monoethylene glycol (MEG) September contract was fully confirmed by a second seller and consumer at €780/tonne, a €2.50/tonne decrease from August, on Monday. An...
Proteins with multiple structures open up AlphaFold’s black box
AI prediction model often fails to identify fold-switching, helping show how it works and the limits of its usefulness
Royal Society releases hundreds of historic peer-review reports to the public
Archive includes Dorothy Hodgkin’s review of an early Crick and Watson paper on the structure of DNA
Revolutionary Textile Membrane for a More Sustainable Outdoor Clothing Industry
Waterproof clothing is essential for anyone who spends a lot of time outdoors. Whether hiking, cycling, skiing, or simply going for a walk, the right gear can make the difference between an exhilarating outdoor experience
Energy Portrait: Capturing a Molecule’s Moment of Excitement
Researchers at the University of Regensburg in collaboration with IBM Research Europe - Zurich have found a way to access excited states of single molecules and determine their energies. A very fundamental property of atoms
Start-up wants to revolutionise fluorochemical production
FluoRok, an Oxford-based start-up, has raised £7.7m to scale-up, manufacture and commercialise novel fluorochemical reagents and battery electrolyte salts. The oversubscribed round was led by BGF alongside Green Generation Fund and included battery specialist Volta
Plant status: China’s Jinneng Science and Technology shuts PP Line 2
SINGAPORE (ICIS)--Here is a plant status report: Name: Jinneng Science and Technology Location: Qingdao, China Product: Polypropylene (PP) Capacity (tonnes/year): 450,000 Event start: Late September...
Plant status: China’s Hangjin Technology resumes full operation at its PO lines
SINGAPORE (ICIS)--Here is a plant status report: Name: Hangjin Technology Location: Huludao, Liaoning province, China Product: Propylene oxide (PO) Capacity (tonnes/year): 120,000 Event start: 26...
Plant status: China’s Tianjin Soda restarts the other oxo-alcohols line
SINGAPORE (ICIS)--Here is a plant status report: Name: Tianjin Soda Location: Tianjin, China Product: Oxo-alcohols Capacity (tonnes/year): 250,000 Event start: 27-28 July Event finish: Around 26...
China’s August gasoline exports edge down by 2.1% month on month
SINGAPORE (ICIS)--China’s gasoline exports in August 2024 inched down by 2.1% month on month to 771,549 tonnes, according to the ICIS Supply & Demand Database. The monthly exports fell sharply...
China’s August gasoil exports surge by 64.9% month on month
SINGAPORE (ICIS)--China’s gasoil exports in August 2024 rose sharply by 64.9% month on month to 883,005 tonnes, according to the ICIS Supply & Demand Database. However, the monthly exports fell...
Plant status: China’s Jiangsu Sierbang restarts BD plant
SINGAPORE (ICIS)--Here is a plant status report: Name: Jiangsu Sierbang Petrochemical Location: Lianyungang, Jiangsu, China Product: Butadiene (BD) Capacity (tonnes/year): 100,000 Event start: 23...
Plant status: China’s Levima restarts MTO plant
SINGAPORE (ICIS)--Here is a plant status report: Name: Levima Advanced Materials Technology Location: Shandong, China Product: Ethylene, propylene Capacity (tonnes/year): 220,000 for ethylene and...
China’s average PX plant run rate up to 86%
SINGAPORE (ICIS)--The average operating rate of China’s para-xylene (PX) plants stood at 86% in the week ended 27 September, ICIS data showed. It was higher week on week. This was driven by the...
China’s average PTA plant run rate rebounds to 81%
SINGAPORE (ICIS)--The average operating rate of China’s purified terephthalic acid (PTA) plants reached 81% in the week ended 27 September, ICIS data showed. It was higher week on week, mainly...
China’s average run rate of PO plants further rises to 64.2%
SINGAPORE (ICIS)--China’s propylene oxide (PO) plants posted an average run rate at 64.2% in the week ended 27 September 2024, ICIS data showed. This was mainly because Sinopec Hunan Petrochemical...