Industry News
Chemical Industry News
Second round of US acetone price increases emerge separately
HOUSTON (ICIS)--A second round of US acetone price increases have emerged separately, according to market sources and customer letters seen by ICIS. The following price increases are being sought...
NYMEX: US gas futures dip on strong production, shoulder season demand expectations
US natural gas futures fell on 13 March from the prior session, on strong production and limited demand expectations The April ’26 front-month contract settled at $3.131/MMBtu, down more than 3%...
Plant status: Fire at US LyondellBasell PO, PG plant in Bayport has been contained; market seeks clarity on severity
HOUSTON (ICIS)--Here is a plant status report: Name: LyondellBasell Location: Bayport, Texas, USA Product: Propylene glycol (PG), propylene oxide (PO), glycol ethers, tertiary butyl alcohol Capacity...
Olin seeks immediate second price increases for North America epoxy resins
HOUSTON (ICIS)--Olin is seeking second price increases on its liquid epoxy resins (LER) and solid epoxy resins (SER) in North America, effective immediately or as contracts allow, according to market...
US December propylene production rose prior to year-end
HOUSTON (ICIS)--The daily rate of US propylene production from steam crackers increased according to data from Worley Consulting, formerly Advisian. Total propylene production increased, according to...
Argentina annual inflation up in February fueled by nearly 3% monthly price rises
SAO PAULO (ICIS)--Argentina's consumer prices rose 2.9% month on month in February, above analyst expectations and effectively flat versus January, statistical office Indec said. The increase in the...
INSIGHT: US chemical price hikes ramp up on Middle East crisis, stock prices surge
NEW YORK (ICIS)--US chemical producers aim to push through major price hikes on the back of surging crude oil prices and shortages of product in other regions as Middle East exports from the Strait...
INSIGHT: Europe and Asia melamine spot prices spike on higher costs, global supply disruption from Middle East conflict
LONDON (ICIS)--European melamine concerns surrounding pricing, supply and production costs have mounted as the Middle East conflict continued this week. European suppliers burdened with climbing...
Europe BPA spot up on higher costs due to the Middle East conflict
LONDON (ICIS)--Europe bisphenol A (BPA) spot prices have firmed, due to higher production costs induced by the Middle East conflict. Rising prices in Asia and the risk of reduced Asia import supply...
European PX spot prices surge as Asian markets rally
LONDON (ICIS)--European paraxylene (PX) spot prices were assessed sharply up for the second consecutive week, tracking steep rises in the influential Asian markets. Supply reduction in Asia and...
Europe OX spot prices up amid stronger upstream costs, Asian market
LONDON (ICIS)--European orthoxylene (OX) spot prices were assessed up on the high end of the range this week amid rising upstream costs and soaring prices in the Asian market. One trader estimated...
US Trinseo warns it may not continue as a going concern
HOUSTON (ICIS)--Trinseo has warned that the company may not be able to continue as a going concern because of its substantial debt, the US-based engineered materials producer said on Friday. The...
Plant status: Orlen’s PTA output in Poland reduced as a result of a PET FM
LONDON (ICIS)--Here is a plant status report: Name: Orlen Location: Wloclawek, Poland Product: Purified terephthalic acid (PTA) Capacity (tonnes/year): 690,000 Event start: Early March Event finish:...
CRUDE SUMMARY: Crude prices end week higher as Strait of Hormuz remains obstructed by Iran
Easing US sanctions on Russian oil, IEA stock release not enough to cap price gains Optimism for US Navy to provide escorts to Hormuz tanker traffic unrealized Global supply-demand gap remains,...
US December ethylene daily production rate climbs on higher operating rates
HOUSTON (ICIS)--The December daily rate of US ethylene production from steam crackers rose on higher industry operating rates, according to data from Worley Consulting. Total ethylene production...
INSIGHT: rPET demand soft in Brazil, Mexico as virgin PET oversupply outweighs short‑term price lift
SAO PAULO (ICIS)--Chronic global polyethylene terephthalate (PET) oversupply is hitting demand for recycled polyethylene terephthalate (rPET) in Latin America, with buyers pivoting toward cheaper...
US Dow stuns LatAm PE market by doubling prior price hikes with $660/tonne increase target
SAO PAULO (ICIS)--US chemicals major Dow has said it will aim to increase its selling prices for polyethylene (PE) in Latin America by $660/tonne when all increases across all PE grades in the region...
Europe acetone truck prices continue to climb on cost pressures and tight supply
LONDON (ICIS)--Once again, European truck spot acetone prices rose throughout the week, with numbers quoted on Thursday and Friday seeing a particular jump. Some sources said producers were holding...
Europe methanol spot prices gain 15% amid strong April demand
LONDON (ICIS)--European methanol spot prices increased by 15% this week, reaching their highest level since January 2025, supported by firm April‑loading demand. Market sentiment remains strongly...
US December BD daily production rises on higher operating rates
HOUSTON (ICIS)--The December daily rate of US butadiene (BD) production from steam crackers rose on higher industry operating rates, according to data from Worley Consulting. Total BD production...