Industry News
Chemical Industry News
USTMA lowers 2025 tire forecast in December
HOUSTON (ICIS)--The US Tire Manufacturers Association (USTMA) in December lowered its forecast for 2025 tire sales but still expects total sales slightly above last year’s record. In July, the...
Asia-US container rates mostly lower as soft demand outweighs efforts to tighten capacity
HOUSTON (ICIS)--Rates for shipping containers from east Asia and China to the US were mostly lower this week as efforts by carriers to tighten capacity to support rates have not been enough to offset...
TCL begins pre-commissioning and pre-startup of new US MA plant
HOUSTON (ICIS)--A subsidiary of Thirumalai Chemicals Limited (TCL) has begun pre-commissioning and pre-startup of its new facility in West Virginia, according to a company press release. TCL...
US FMC to end production at unspecified plants
HOUSTON (ICIS)--FMC is ending production and manufacturing at some of its sites as part of a comprehensive plan intended to cut costs, the US-based agrochemical producer said on Friday. In all, FMC...
NYMEX: US gas futures ease with widespread bearish temperatures
Front-month US natural gas futures eased on 12 December on warmer weather outlook The January 2026 Henry Hub contract on NYMEX settled at $4.113/MMBtu, down nearly 2.8% from the previous session Per...
CRUDE SUMMARY: Brent benchmark sliding close to five-year lows as $60 level looms
Weakening benchmarks factoring in Ukraine-Russia peace progress US proposals for “special economic zone”, Ukrainian resistance likely Bullish factors may provide support at $60/barrel level US...
Europe BPA spot prices stable to soft, amid year-end lull
LONDON (ICIS)--Europe bisphenol A (BPA) spot prices are stable to soft this week, amid largely well managed supply in the face of a very slow year-end period Domestic spot liquidity is very low, amid...
US BD September production from crackers falls on operating rates, feedstocks
HOUSTON (ICIS)--The daily rate of US butadiene (BD) production from steam crackers in September fell from the prior month as operating rates fell, according to data from Jacobs Consultancy. The...
US propylene production declined following derivatives markets
HOUSTON (ICIS)--The daily rate of US propylene production from steam crackers dropped for the second consecutive month, according to data from Worley Consulting, formerly Advisian. Total propylene...
Global chemical credit risk rises for 2026 as trough conditions persist – Fitch
NEW YORK (ICIS)--Continuing overcapacity and an elusive demand recovery will lead to growing credit risk in the global chemical sector in 2026, according to credit ratings agency Fitch Ratings....
Mexico’s higher import tariffs ‘not anti-China’ but to support local industry – Sheinbaum
SAO PAULO (ICIS)--Mexican President Claudia Sheinbaum defended the package of higher import tariffs approved by Congress this week, stressing that the measures are aimed at strengthening domestic...
INSIGHT: Argentina’s economy running at two speeds as Milei marks two years in office
SAO PAULO (ICIS)--Argentina enters the final stretch of 2025 with a set of economic signals that capture the complexity and fragility of President Javier Milei’s aim to turn around the beleaguered...
Canada Q3 manufacturing plant utilization at 77.8%, chemicals at 74.7%
TORONTO (ICIS)--Canadian manufacturing capacity utilization was at 77.8% in Q3 - up sequentially from Q2 but flat year on year, according to data from federal agency Statistics Canada (StatCan) on...
Brazil’s Unigel near brink after poor Q3 as auditor raises ‘significant doubt’ on continuity
SAO PAULO (ICIS)--Unigel continued hemorrhaging money in Q3 with a steep drop in revenue and negative earnings and net income, underscoring the severity of the Brazilian chemicals producer’s...
ICIS POWER INSIGHT WEEK 50 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 50. YEAR IN REVIEW: Fall in gas prices and rise in solar...
European acetone prices stable in more balanced market
LONDON (ICIS)--European acetone truck spot prices were unchanged this week but activity was starting to slide as year-end approached. There were suggestions by some sellers the market was more...
GAS ALERT: DET fails to allocate slots in latest Wilhelmshaven LNG auctions
LONDON (ICIS)--None of the remaining 27 regasification slots at Germany’s Wilhelmshaven terminals were booked in the latest capacity auction on 9-10 December, operator DET said. The capacities for...
US ethylene output fell in September as margins contracted
HOUSTON (ICIS)--The daily rate of US ethylene production from steam crackers declined in September, according to data from Worley Consulting, formerly Advisian. Total ethylene production also fell,...
ICIS GAS INSIGHT WEEK 50 NEWS IN BRIEF
This news summary was generated via Ask ICIS LONDON (ICIS)--Please find below a short summary of the key gas stories ICIS published in week 50. ICIS EXPLAINS: Russia's quest to reach gas markets from...
Plant status: Suncor’s Montreal sulfur plant down for 15 weeks of maintenance
TORONTO (ICIS)--Here is a plant status report: Name: Suncor Location: Montreal, Canada Product: sulfur Capacity (tonnes/day): 235 Event start: 11 December 2025 Expected duration: 15 weeks Reason:...