Industry News
Chemical Industry News
N America chemical rail traffic rises for second week
HOUSTON (ICIS)--North American chemical railcar loadings rose for second consecutive week, ending a nine-week streak of volatile ups and downs. For the week ended 26 September, loadings rose by 5.0%...
GAS ALERT: Serbia extends Gazprom contract by three months
LONDON (ICIS)--Serbian state-owned incumbent Srbijagas has extended its supply contract with Russia’s Gazprom for another three months, now set to expire on 31 December, the company’s director...
Feedstocks push up refinery solvents truck spot pricing in Europe
LONDON (ICIS)--Average truck spot prices for white spirit, solvent naphtha (C9), and hexane climbed this week as upstream pressure remained on crude oil and filtered through to the respective...
German January-July chemical production down 2.7% from 2025
LONDON (ICIS)--Germany’s chemical production (excluding pharmaceuticals) for the seven months from January to July was down 2.7% from the same period a year earlier, according to an update by...
EU Commission approves sale of SABIC EUROPE chems assets to AEQUITA
LONDON (ICIS)--The European Commission has approved the sale of SABIC Europe's petrochemical business to investment fund AEQUITA. It paves the way for a newly formed European producer to fully take...
Europe propylene October contract price talks to continue on 1 October
LONDON (ICIS)--European propylene contract reference price discussions for October will continue on Thursday 1 October, after negotiations on Wednesday, 30 September, failed to find any consensus. No...
TotalEnergies will see its Yamal LNG exports plummet 40% on EU ban
TotalEnergies' Yamal exports will drop from 5mtpa to no more than 3mtpa after EU ban on Russian LNG Cargoes can still be exported outside Europe due to an exemption Questions over Russia's...
Deficient monsoon ends, strong El Nino and dry October outlook support India’s Q4 gas demand
Low rainfall reinforces expectations of weather-driven demand in coming months Temperature anomalies also expected at various points across the country in October The forecast is broadly in line with...
CRUDE SUMMARY: Crude oil prices rise as optimism regarding US-Iran mediation fades
Investors weigh US-Iran mediation progress US crude stocks increase, gasoline and distillate stocks decline - EIA Brent-WTI spread at widest since 31 March LONDON (ICIS)--Crude benchmarks rose on 30...
Westlake Epoxy seeks October price increases for Americas epoxy resins
HOUSTON (ICIS)--Westlake Epoxy is seeking price increases on its liquid epoxy resins (LER) and solid epoxy resins (SER) in the Americas, effective 1 October, according to a customer letter seen by...
GAS ALERT: OMV to auction Etzel storage capacity for 2027-29
FRANKFURT (ICIS)--OMV Gas Storage Germany will auction a combined 2.1TWh, equivalent to around 195 million cubic meters (mcm), of firm working gas capacity at its Etzel facility on 8 October, the...
BBL gas pipeline updates commodity charge for April 2027 onwards
LONDON (ICIS)--On 30 September BBLC, the owner of the BBL pipeline, published its updated commodity charge for use of the pipeline from 1 April 2027. The key change for gas shippers is that...
Germany’s 8TWh SEFE storage injection instruction adds demand, but traders see limited price impact
BMWE instructs SEFE to inject 8TWh of new gas by 15 December Required rate equals around one-third of recent German injections Traders expect limited impact, depending on LNG supply and procurement...
GAS ALERT: EWE partially allocates short-term H-gas storage capacity
FRANKFURT (ICIS)--German storage operator EWE Gasspeicher allocated 300GWh, equivalent to around 28 million cubic meters (mcm), of H-gas storage capacity in its 29 September auction, the company told...
US August PCE inflation up 0.3% month on month, 3.4% year on year
HOUSTON (ICIS)--US inflation, as measured by the personal consumption expenditures (PCE) price index, rose by 0.3% month on month in August and was up 3.4% year on year, according to data from the US...
LB to invest in long-term capability/efficiency at Greatham TiO2 plant
AMSTERDAM (ICIS)--LB Group is not just investing to restart Greatham, but it is looking beyond that to improve capabilities and efficiencies, said Julie Reid, VP of Commercial Operations at Tioxide,...
Indorama returns Huelva supply to the market, eyes long-term opportunities
AMSTERDAM (ICIS)--Indorama Advanced Oxides, part of Indorama Corporation, has returned specialised plastics TiO2 grades from Huelva to the market and is already making moves to invest in and explore...
GAS ALERT: Fluxys clarifies Interconnector bidirectional and multiyear incentive structure while leaving tariff charges unchanged
LONDON (ICIS)--Fluxys, owner and operator of the Interconnector pipeline between Britain and Belgium, released on 29 September the 77th Charging Statement effective from Gas Year 26/27. All firm...
LNG SPOTLIGHT: Global gas prices drop from highs as winter market risks persist
LONDON (ICIS)--Global gas markets are approaching winter with geopolitics once again taking centre stage, as disruptions in the Strait of Hormuz continue to challenge available supply. This comes as...
Argentina, Brazil chemical sectors held back by weak investment, high costs – Evonik exec
SAO PAULO (ICIS)--Argentina's fastest-growing sectors are not yet generating enough industrial investment or jobs, while Brazil's economy has stalled and its chemical producers are struggling with...