Industry News
Chemical Industry News
Argentina awards five partial cargoes for August delivery to meet seasonal demand
Argentina awards five of seven cargoes for August delivery to Escobar Total 2026 awards to date reach 26 partial cargoes out of 31 requested Further purchases dependent on winter severity HOUSTON...
Plant status: Heartland shuts down PP plant in response to unexpected issue
HOUSTON (ICIS)--Here is a plant status report: Name: Heartland Polymers Location: Edmonton, Alberta, Canada Product: Polypropylene (PP) Capacity (tonnes/year): 525,000 Event start: 25 June Event...
US acetone to search for price floor in Q3
HOUSTON (ICIS)--US acetone started off Q2 on a bullish note amid the US-Iran conflict, but is searching for a floor heading into Q3 on lower feedstock costs, increased imports and lackluster demand....
NYMEX: July Henry Hub contract drops on final day of trading
Front-month US natural gas futures reversed early-session gains in the final hours of trading for the July 2026 contract The July Henry Hub contract settled for the last time at $3.231/MMBtu, down...
Surge in Asia-US container rates continues, tanker rates fall as Strait of Hormuz transits rise
HOUSTON (ICIS)--Rates for shipping containers from east Asia and China to the US continued to surge as importers pull volumes forward ahead of possible new tariffs, while liquid tanker rates...
The Fertilizer Institute welcomes US Senate Farm Bill provisions
HOUSTON (ICIS)-- The Fertilizer Institute (TFI) said it welcomed the inclusion of several key priorities placed within the US Senate Farm Bill, saying the measures support conservation efforts,...
CRUDE SUMMARY: Oil prices down sharply on the week after increase in tankers exiting Strait of Hormuz
Saudi Arabia now loading crude for export from Gulf terminal Prospect of recovering Chinese imports to support prices Wider global crude inventory restocking also to lift prices US rig count up seven...
Germany residential construction sentiment weak, despite housing shortage
LONDON (ICIS)--Despite Germany’s housing shortage, sentiment in residential construction remains negative. Germany needs an estimated 320,000 new residential homes each year, but in 2025 only...
Colombia plastics industry welcomes new cabinet but flags tariff threat – Acoplasticos
SAO PAULO (ICIS)--Colombia’s plastics sector is cautiously optimistic for the sector’s prospects under the new government to be formed by Abelardo de la Espriella, but remains concerned about...
Europe PET buyers draw down stock in heatwave, producers reduce output
LONDON (ICIS)--Faced with weak polyethylene terephthalate (PET) offtake, intensifying competition, and declining prices, European producers began scaling back output. Market sources stressed that...
Latin America faces diverging growth paths, renewed inflation pressures – analysts
SAO PAULO (ICIS)--Latin America's major economies are navigating sharply divergent fortunes, with political transitions in Colombia and Peru lifting market sentiment even as persistent inflation,...
PTA chain under pressure as weak PET demand, falling oil drag on market
LONDON (ICIS)--The purified terephthalic acid (PTA) chain is under pressure as downstream polyethylene terephthalate (PET) buyers delay purchases in anticipation of further price declines. As a...
Post-industrial rPP pellet prices fall in June
LONDON (ICIS)--Post-industrial pellet prices fell in June as peak distressed buying activity, where traditional virgin buyers sought cheaper alternatives, came to an end. Both grades remain far above...
Long supply pressures Europe acetone spot truck prices
LONDON (ICIS)--Long supply and weak demand in the European spot truck market placed further downward pressure on spot numbers this week. Sources suggest that ongoing pressure could come given the...
US July methanol contracts down slightly from prior month
HOUSTON (ICIS)--US July methanol contracts were down slightly from June, as shipping increases through the Strait of Hormuz amid easing tensions in the Middle East conflict. Contract prices had...
Record Q1 2026 for European Renewable Gas Registry as UK emerges as key exporter
This content is part of the ICIS weekly biomethane test report, which you can access here. To have more information about ICIS biomethane content, please contact alice.casagni@icis.com ERGaR...
Geopolitical instability shapes shipping outlook as biofuels seen as viable option – ICS report
This content is part of the ICIS weekly biomethane test report, which you can access here. To have more information about ICIS biomethane content, please contact alice.casagni@icis.com LONDON...
Estonia’s largest biomethane plant completes construction
This content is part of the ICIS weekly biomethane test report, which you can access here. To have more information about ICIS biomethane content, please contact alice.casagni@icis.com LONDON...
Cold weather, rain hit Brazil PET demand, waste feedstock supply
SAO PAULO (ICIS)--Colder weather and persistent rains in Brazil’s south and southeast in recent weeks have curbed both consumption of polyethylene terephthalate (PET) bottles and their collection...
ICIS POWER INSIGHT WEEK 26 NEWS IN BRIEF
This news summary was generated via Ask ICIS LONDON (ICIS)--Please find below a short summary of the key power stories ICIS published in week 26. Germany’s “Sudbonus” could put security of...