Industry News
Chemical Industry News
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...
Europe September nylon 6 contract prices fall against upstream rises
LONDON (ICIS)--European nylon 6 contract prices for September have fallen from August levels, despite rise in upstream costs and largely due to disappointing levels of post-summer restocking at the...
CRUDE SUMMARY: Crude benchmarks rally on China economic stimulus measures
China’s stimulus measures boost crude but may fall short of combating weak internal demand Fears that Middle East conflict could escalate US dollar value approaching 2024 low point US Gulf Coast...
Mexico’s cabinet amends again import, export permits for chemicals, fuels
SAO PAULO (ICIS)--The Mexican government has amended for the third time the decree regulating import and export permit requirements for several chemicals as well as fuel products and re-opened the...
Firms shut in 16% of US Gulf production output on Helene
HOUSTON (ICIS)--Companies have shut in more than 16% of US oil production in the Gulf of Mexico because of tropical storm Helene, which meteorologists expect will strengthen into a major hurricane...
Australian Agrimin Limited has successful testing results at Mackay Potash project
HOUSTON (ICIS)--Agrimin Limited said it has achieved successful conversion and flotation results at their Mackay Potash project in Western Australia. The conversion and flotation efforts were...
Solvay to end production of TFA and derivatives at French site next year, affecting 68 jobs
LONDON (ICIS)--Solvay plans to end production of trifluoroacetic acid (TFA) and fluorinated derivatives at its Salindres site in southern France by October 2025, the Belgian chemicals company said on...
Europe ECH prices hold in September, despite softer propylene costs
LONDON (ICIS)--Europe ECH freely negotiated contract prices have mainly rolled over in September, despite the softening in upstream propylene costs this month, amid margin struggles and fairly stable...
Europe epoxy rolls for September in calm and well covered market
LONDON (ICIS)--Europe epoxy resins prices have mainly settled with rollovers for September, despite some upstream cost movements amid fairly balanced and stable market fundamentals. While the...
US October BD nominations emerge lower on improved feedstock allocation
HOUSTON (ICIS)--A US October butadiene (BD) contract nomination emerged lower as US BD operating rates improved in line with feedstock allocation. Two producers separately nominated 55 cents/lb...
Highfield Resources to receive Muga project funds and transform into global potash company
HOUSTON (ICIS)--Highfield Resources announced it has entered into binding agreements with several parties which would provide the remaining funding needed for the Muga potash project in Spain and...