Industry News
Chemical Industry News
BASF eyes M&A market to strengthen core business
LONDON (ICIS)--BASF will look to carry out acquisitions in the coming years to strengthen its core business as part of its growth strategy, alongside a focus on the green transition and its Verbund...
US October BD contracts down on improved feedstock availability
HOUSTON (ICIS)--The October ICIS butadiene (BD) Contract Reference Price settled 1 cent/lb lower as supply lengthened in the US. The ICIS reference price is a direct average of the four producers'...
Azeri, extra LNG to pressure Bulgarian October gas price
Bulgarian state supplier Bulgargaz to offer €32.75/MWh gas price for October This is cheaper than the current TTF front-month price Two LNG cargoes to aid Bulgarian October supply WARSAW...
German consumer confidence perks up; GDP to shrink 0.1% this year
LONDON (ICIS)--Consumers in Germany are slightly less pessimistic, according to market research firm GfK’s September consumer survey, released on Thursday. Consumers’ income expectations rose, as...
Uptick in power demand likely for October with ample wind supply
UK October power demand is expected to increase slightly, compared to 2023 Above average wind through most of October will support boosted power demand Gas demand will typically rise in winter, but...
US Q2 GDP growth confirmed at 3% annual rate
HOUSTON (ICIS)--US real gross domestic product (GDP) increased at an annual rate of 3.0% in Q2 of 2024, the Bureau of Economic Analysis (BEA) said in its third and final estimate of Q2 GDP growth
Swedish wind power growth faces hurdles
Municipal vetoes and absence of an offshore grid connection to put strain on expansion of Swedish wind Lack of government support in offshore wind could jeopardize Sweden in meeting its 120TWh...
Europe’s jet fuel prices rebound in headwinds of oversupply, poor demand
LONDON (ICIS)--A lack of buying interest and poor liquidity continues to take a toll over European jet kerosene spot quotations with upstream volatility largely dictating price movements. Average...
US gas futures driven by Hurricane demand impact uncertainty
• Hurricane approaches Florida coast • Plaquemines receives partial cargo • Cove Point maintenance starts • Storage injection recorded HOUSTON (ICIS)--US natural gas futures traded sideways...
Plant status: LAT Nitrogen melamine plant restarts but running reduced after ammonia fire in Linz, Austria
LONDON (ICIS)--Here is a plant status report: Name: LAT Nitrogen Location: Linz Austria Product: Melamine Capacity (tonnes/year): 50,000 Event start: 6 September Event finish: Restarted end-Sep but...
INSIGHT: AI, 3D printing enhance Johnson Matthey’s catalyst R&D
HOUSTON (ICIS)--Artificial intelligence (AI) and machine learning is helping Johnson Matthey sift through a century's worth of data to provide it with new approaches to develop catalysts. Johnson...
Egypt fertilizer interactive trade flow map H1 2024
LONDON (ICIS)--Egypt’s Central Agency for Public Mobilization and Statistics (CAPMAS) has released trade data for H1...
Banned pigments found in tattoo inks sold in the EU
Nine out of 10 green and blue inks analysed violate Reach regulations
Chloride ions tunnel free from PVC
Computational clues uncover quantum escape route from common plastic
A chemist in the flower garden
The beautifully complex molecules plants produce are as inspiring as the blooms themselves
Transforming the lab practical for a new generation
Learn how educators are designing innovative new styles of learning in chemistry lab practicals – join us Nov 26
California sues ExxonMobil over misleading plastic recycling claims
Suit claims firm used false claims to justify producing vast amounts of single-use plastics
Public health put at risk by mooted EU classification of ethanol as reprotoxic
Medical professionals are warning that the move could ban vital ethanol disinfectants and hand gels
eMolecules acquires Synple Chem AG
eMolecules, Inc. announced that it has acquired Synple Chem AG ("Synple"). Synple was founded in 2016 as a Spin-off from ETH Zürich. Synple specializes in automated chemical synthesis systems and solutions for small molecules drug
Traction for sustainable healthcare plastics
BIOVOX GmbH, the Darmstadt, Germany-based company pioneering sustainable bioplastics for medical applications, announced the successful closing of its €2.2 million seed round. The round was led by High-Tech Gründerfonds (HTGF) with significant participation from Beteiligungs-Managementgesellschaft