Industry News
Chemical Industry News
QatarEnergy site damaged by strike; crude climbs as other energy sites evacuated
HOUSTON (ICIS)--QatarEnergy has reported "extensive damage" at Ras Laffan Industrial City on Wednesday. The latest strike on Ras Laffan, home to Qatar's 77mtpa liquefied natural gas (LNG) production...
QatarEnergy reports “extensive damage” at Ras Laffan Industrial City
LONDON (ICIS)--QatarEnergy has reported "extensive damage" at Ras Laffan Industrial City on 18 March. The latest strike on Ras Laffan, home to Qatar's 77mtpa LNG production facilities, is almost...
US gasoline supplies decline as refinery run rates rise
HOUSTON (ICIS)--US gasoline supplies fell during the week ended 13 March, despite a rise in refinery run rates. Gasoline demand is now slightly below that of seasonal norms. Gasoline stocks decreased...
NYMEX: US gas futures increase ahead of the US gas storage release
Front-month US natural gas futures gained on 18 March ahead of the US gas storage report The April 2026 Henry Hub contract on NYMEX settled at $3.065/MMBtu, up about 1% from the previous session The...
US Fed keeps rates unchanged; raises projections for GDP growth, inflation
HOUSTON (ICIS)--As expected, the US central bank held its key interest rate benchmark steady on Wednesday, at 3.5-3.75%, as job gains have slowed and inflation remains somewhat elevated. The Fed’s...
CRUDE SUMMARY: Oil prices rise as Iran war continues
Iran threatens to attack more energy facilities across Middle East US sees build in crude stocks, with product inventories decreasing Iraq and Turkey negotiate deal to pump Iraqi oil through Ceyhan...
AFPM ’26: US shipping, supply chains pressured as Middle East conflict raises costs
HOUSTON (ICIS)--The US-Iran conflict and subsequent closure of the Strait of Hormuz is putting upward pressure on both liquid tanker and container rates, increasing costs for shippers regardless of...
Brazil’s chemicals producers defend trade measures as processors push for overhaul
SAO PAULO (ICIS)--Brazil's chemicals producers' association Abiquim has defended its trade protection stance arguing import tariffs for chemicals not produced domestically stand at 0% and thus do not...
Gas flows into southeastern Europe dip ahead of 18 March deadline as late permits cause hesitancy
Late issuance of customs approval causes SEE buyer hesitancy Regional spot discounts to TTF tighten significantly in response Traders report unconfirmed rumours of Azerbaijani production issues...
N America chemical rail traffic rises for sixth week, led by 5.5% US increase
HOUSTON (ICIS)--North American chemical railcar traffic rose by 3.0% year on year to 48,974 loadings for the week ended 14 March, marking a sixth consecutive increase, according to freight rail...
South Korea sulphuric acid interactive trade map January-February 2026
LONDON (ICIS)--South Korea’s Trade Statistics Promotion Institute (KTSPI) has released sulphuric acid trade data for January-February...
Chile sulphuric acid interactive trade map January-February 2026
LONDON (ICIS)--The National Customs Service of Chile has released sulphuric acid import and export data for January-February...
EU eases reporting rules to attract LNG amid Russia phaseout, Middle East crisis
European Commission allows reporting flexibility to comply with Russian gas phaseout Rules relaxed while Middle East crisis continues to ease LNG imports EU's major suppliers already exempt from...
US fertilizers interactive trade flow map January 2026
LONDON (ICIS)--The US Census Bureau has released fertilizer import and export data for January 2026. Please select a product from the drop-down menu...
European refinery solvents FD price hike continues
LONDON (ICIS)--Ongoing feedstock cost pressure and some concerns about availability pushed up European refinery solvents free delivered (FD) numbers once again this week. An ongoing turnaround is...
Eastman eyes increased demand for chemical intermediates, will run crackers hard – CFO
HOUSTON (ICIS)--The ongoing Middle East tensions and supply issues present opportunities for Eastman’s Chemical Intermediates (CI) business, the CFO of the US-based chemicals company said during a...
Europe MTBE prices extend gains as Eurobob values climb on Middle East war
LONDON (ICIS)--Europe's methyl tertiary butyl ether (MTBE) average prices surged in the week ending 13 March as Eurobob gasoline values climbed because of firmer oil prices driven by the war in the...
Europe PA flake spot prices firm at the high end, liquid stable
LONDON (ICIS) --The European phthalic anhydride (PA) market saw flake spot prices firm slightly on the high end in the week ending 13 March, supported by higher-priced imported material and...
Europe MA spot prices continue to climb on constrained supply intensified by Middle East war
LONDON (ICIS)--European maleic anhydride (MA) spot prices climbed sharply again in the week ended 13 March, as supply constraints deepened in local and imported markets, with several producers either...
Plant status: Polynt resumes MA production at Ravenna facility
LONDON (ICIS)--Here is a plant status report: Name: Polynt Location: Ravenna, Italy Product: Maleic anhydride (MA) Capacity (tonnes/year): 6,000 Event start: 12 January (estimated) Event end: 18...