Industry News
Chemical Industry News
Trans-Balkan gas pipeline TSOs can find creative solutions to reduce tariffs – study
Trans-Balkan transit route could become competitive if capacity and tariff obstacles are addressed Energy Community-commissioned study finds creative leverage points on Ukraine and Moldova border...
US September butac prices ease, distributor prices decline as supply remains ample
HOUSTON (ICIS)--US butyl acetate (butac) contract and distributor prices both declined from August to September by 4 cents/lb ($88/tonne). US export prices also followed the same downtrend in prices....
Origin Materials cuts jobs at Canada renewable chemicals plant
TORONTO (ICIS)--Origin Materials has decided to operate its “Origin 1” renewable chemicals plant at the Sarnia petrochemicals production hub in Canada’s Ontario province at an “on demand”...
Logistics major CMA CGM to acquire 48% of Brazil’s Santos port
SAO PAULO (ICIS)--CMA CGM has agreed to acquire a 48% stake at Santos Brasil, the operator of the Santos port, Sao Paulo’s door to the sea and the largest port in Latin America, the French...
Romania readies plans for 3GW offshore wind power by 2032
Romania plans to join Global Offshore Wind Alliance (GOWA) meeting, announces offshore wind plans and targets This means investors could start to plan and develop offshore wind projects, bearish...
Brazil August lube demand holds firm
SINGAPORE (ICIS)--Brazil’s lube demand held firm in August, keeping pressure on domestic refiners and importers to maintain sufficient base oils supply to cover requirements. Lube consumption from...
Poring over biomacromolecules
What will nanopore sequencing turn its hand to next?
German chemical industry sentiment deteriorates in September – VCI
LONDON (ICIS)--After an unexpected rebound in August, the mood in Germany’s chemical-pharmaceutical industry deteriorated significantly in September, producers’ trade group VCI said in an update...
Phosphate producer major OCP sees revenue rise in H1 2024 year on year
LONDON (ICIS)--Morocco-based fertilizer giant OCP has announced results for H1 2024. During the six months, revenue amounted to $4.32 billion, up from $3.7 billion in the same period a year earlier....
European naphtha, gasoline spot prices track oil as demand improves
LONDON (ICIS)--Northwest European open-specification naphtha (OSN) spot values have been fluctuating, reflecting upstream Brent oil prices. Still, a steady prompt-month crack spread supported by...
Europe OX imports up slightly in H1 2024, exports hike
LONDON (ICIS)--Imports of orthoxylene (OX) into the EU and the UK edged up by 0.3% in the first half of 2024 year on year, although the continent's trade deficit shrunk because of higher exports...
Plant status: Malaysia’s PETRONAS shuts Sipitang fertilizer unit
Name: PETRONAS Chemicals Group Location: Sipitang, Malaysia Products: Granular urea and ammonia Capacity (tonnes/year): 1.2m granular urea; 740,000 ammonia Event start: 25 September Event finish: TBC...
Steady growth expected for global economy this year and next – OECD
LONDON (ICIS)--The global economy is turning in a positive direction with growth expected to remain steady throughout this year and next, according to the OECD on Wednesday. World economic growth...
Aspect’s new gas discovery to boost Croatian supply
Aspect Croatia Kft has discovered a gas deposit in the Sisak-Moslavina County, representing about 10% of Croatia’s daily gas production The new discovery can decrease Croatia’s dependence on gas...
Electrochemical series for materials makes predicting oxidation states easy
Machine-learning trained model could open up new opportunities in materials discovery
When ions go hiking: New Insights into Solvation Kinetics at Electrocatalyst Surfaces
The Interface Science Department of the Fritz- Haber Institute has made additional strides toward "Exploring Dynamic Solvation Kinetics at Electrocatalyst Surfaces," as detailed in their article in the journal Nature Communications. Among other reactions, the
Shedding light on superconducting disorder
The importance of disorder in physics is only matched by the difficulty to study it. For example, the remarkable properties of high-temperature superconductors are greatly affected by variations in the chemical composition of the solid.
Solar cells for the Internet of Things
Perovskia Solar has won more than ten leading companies from the Internet of Things (IoT) industry as customers and received over two million Swiss francs in seed capital. The multi-award-winning Empa spin-off prints customized solar
Latin America’s higher borrowing costs denting investments in renewables – IEA
SAO PAULO (ICIS)--High borrowing costs in some of Latin America’s largest economies are denting necessary investments in renewable energies if countries are to fulfil their climate commitments, the...
Europe September nylon 6,6 prices soften again in a slow market
LONDON (ICIS)--European nylon 6,6 contract prices for September were assessed at decreases from August levels, posting highly varied monthly deltas. September nylon 6,6 prices were assessed at a...