Industry News
Chemical Industry News
Brazil’s PET market sees import share rise further in 2025
SAO PAULO, Brazil (ICIS)--Brazil’s virgin polyethylene terephthalate (PET) market tilted further toward imports in 2025, with global overcapacity and low‑priced Asian supply keeping domestic...
Germany 2025 auto production rises 2%, but remains 11% lower than 2019 levels
LONDON (ICIS)--Auto production in Germany rose 2% year on year to nearly 4.2 million units in 2025 but remained 11% lower than 2019 pre-pandemic levels, according to data by the German Association of...
Europe acetone truck prices rise in tighter market
LONDON (ICIS)--European acetone spot truck prices increased this week as a result of more balanced/tighter supply and some increase in demand through restocking. In supply news, DOMO Chemicals’...
ACER proposes key monitoring elements to make grids smarter
ACER proposes key indicators to evaluate smart grid technologies The aim is to find ways of using existing grid better, alongside new buildout Better data will help support grid performance and shape...
Polish gas demand soars to all-time high on freezing temps, imports from Germany jump
Polish gas demand hits consecutive daily all-time highs Power and heat sector continue to drive demand as temps fall Day-ahead bookings soar to meet strong prompt demand LONDON (ICIS)-- Polish gas...
EU member states back Mercosur trade deal
LONDON (ICIS)--European Commission member states on Friday gave provisional backing for a free trade deal with the Mercosur block of countries, paving the way for the agreement to move forward after...
US October housing starts down 4.6%, but single-family starts rise
HOUSTON (ICIS)--US housing starts fell 4.6% month on month to a seasonally adjusted annual rate of 1,246,000 in October, following a 1.2% September increase, according Census Bureau data released on...
Brazil MAP imports contract sharply in 2025, mainly on lower volumes from Russia and Morocco
LONDON (ICIS)--Brazil imports of monoammonium phosphate (MAP) contracted by more than a million tonnes in 2025 year on year. The drop of approximately 25% in total MAP imports was led by Russia...
WEEKLY GAS OUTLOOK: Weather shift to drive European demand in week 3
Additional reporting by Eduardo Escajadillo LONDON (ICIS)--European gas consumption is expected to tick down in week 3 on shifting weather conditions relative to week 2. There is a mixed picture on...
WEEKLY POWER OUTLOOK: Strong wind and above-average temperatures in France to pressure spot prices in week 3
LONDON (ICIS)--French spot prices are likely to follow a bearish trend through week 3 due to above-average temperatures and strong wind output, allowing for the country to completely return to net...
ADNOC’s XRG initiates buyout of Covestro minority shareholders
LONDON (ICIS)--Covestro has been notified that ADNOC subsidiary XRG P.J.S.C will vote to buy out minority shareholders, the German company said on Friday. The proposal “to transfer shares held by...
ICIS GAS INSIGHT WEEK 2 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 2. EU gas stocks second-lowest in a decade on 1 January
Germany production rises for third month in November, defense spending supports industry
LONDON (ICIS)--Germany’s overall production from industry, energy and construction rose 0.8% month on month in November, a third consecutive increase, although output in the chemical industry fell...
US economy adds 50,000 jobs in December, less than expected
HOUSTON (ICIS)--US nonfarm payroll employment rose 50,000 month on month in December, the unemployment rate was 4.4% (November: 4.5%), and the labor participation rate was 62.4% (November: 62.5%),...
PODCAST: EU chemicals regulatory reforms risk being too little, too late
BARCELONA (ICIS)--EU leaders seem to recognize the need for action to reverse deindustrialization, but it risks being too little, too late for chemicals. EU chemicals regulation needs ambitious...
BP, Corteva launch JV to scale biofuel feedstock production
LONDON (ICIS)--Energy giant BP and agricultural technology company Corteva have launched Etlas, a 50:50 joint venture dedicated to producing and delivering biofuel feedstocks to global markets. The...
GAS ALERT: French regulator publishes gas transmission networks tariff updates for 2026
LONDON (ICIS)--French energy regulator CRE will increase the annual tariffs for use of NaTran and Terega gas transmission networks by 3.41% from April 2026. The increase will come into effect on 1...
Bullish drivers to sustain Italian PSV gas premiums to other hubs
PSV spot price surges amid high demand, short grid Premiums over Dutch and Austrian markets reach multi-year highs Spreads expected to remain wide despite possible week 3 demand drop LONDON...
EPA delivers mixed finding on carcinogenic rubber ingredient
US environmental agency says 1,3-butadiene is harmful for some industry workers, but not for the environment or those living near plants using it
US intervention unlikely to result in Venezuelan crude production increases in near-term
Additional reporting by David Jorbenaze. LONDON (ICIS)-- Recent political developments in Venezuela have reignited debate over the role its oil could play in global markets, particularly amid...