Industry News
Chemical Industry News
Europe DOTP spot prices roll over for 10th consecutive week in lethargic market
LONDON (ICIS)--Prices in the European plasticizers spot market were assessed stable this week as players were slow to restart business after the New Year holidays. Dioctyl terephthalate (DOTP) spot...
Europe oxo-alcohols spot prices roll over for fifth week on soft demand
LONDON (ICIS)--Prices in the European oxo-alcohols spot market held steady this week as demand is structurally soft and activity has been slow to pick up after the festive holidays. “It’s a slow...
Nitrates brace for strong spring demand amid CBAM uncertainty
LONDON (ICIS)--Near-term demand fundamentals for nitrate fertilizers remain supportive as buyers are expected to be active during the first quarter of 2026, restocking ahead of the spring application...
Europe’s chlorine output falls in November while caustic soda inventories grew- Eurochlor
LONDON (ICIS)--European chlorine production and capacity utilization fell year-on-year in November, while caustic soda stocks grew during this period, according to the most recent data from...
INSIGHT: SABIC sale of European assets shows 2026 offers no fresh start for Europe’s chemicals industry
LONDON (ICIS)--Although it may be a new calendar year, the European chemicals industry continues to face new challenges, with the freshest of these being SABIC’s divestment of assets in Europe....
INSIGHT: Shuttered TiO2 Scarlino ops restart goes against the odds in difficult climate
LONDON (ICIS)--The new year brings some positive operational news, with the restart of the long-idled and newly acquired TiO2 Scarlino plant in January, defying the odds, amid ongoing industry...
China’s average PTA plants’ run rate up on Dushan Energy’s restart
SINGAPORE (ICIS)--China’s purified terephthalic acid (PTA) plants have posted a higher average operating rate, as Dushan Energy’s phase 1 unit resumed typical operations after restarting around...
China’s average PX plants’ run rate increases on Fujia Dahua’s restart
SINGAPORE (ICIS)--China’s para-xylene (PX) plants have posted a higher average operating rate, because Fujia Dahua has restarted one line after completing capacity expansion. The line’s capacity...
Nigeria urea interactive trade flow map January-September 2025
LONDON (ICIS)—Nigeria’s National Bureau of Statistics has released urea trade data for January-September...
GAS ALERT: National Gas required to sell locational gas at Milford Haven
British grid operator National Gas posted a requirement to sell locational gas on the evening of 8 January. Shippers were requested to place bids on National Gas' On-the-day Commodity Market (OCM)...
Plant status: S Korea’s GS Caltex eyes VGO FCC turnaround in Mar-Apr
SINGAPORE (ICIS)--Here is a plant status report: Name: GS Caltex Location: Yeosu, South Korea Product: Propylene Capacity (tonnes/year): 250,000 Event start: 18 March 2026 Event finish: 26 April 2026...
Turkey fertilizers interactive trade flow map for January-November 2025
LONDON (ICIS)--The Turkish Statistical Institute has released fertilizers trade data for January-November...
Ammonia availability to remain tight in January as CBAM uncertainty continues
LONDON (ICIS)--The ammonia market is still reeling by news of the Carbon Border Adjustment Mechanism (CBAM) entering its definitive stage on 1 January 2026, as it is also dominated by tight...
Turkey sets $100/tonne provisional safeguard duty on PET imports, not PTA, amid trade probe
LONDON (ICIS)--Turkey is imposing a provisional safeguard duty of $100/tonne on all polyethylene terephthalate (PET) resin imports regardless of origin following a probe into PET and purified...
Urea market dominated by Indian tender and shake-up of CBAM
LONDON (ICIS)--The typical slow post-holiday start to the year for the urea sector was somewhat disconcerted by the higher than expected prices offered in the India tender and the “extraordinary”...
Iupac welcomes new year in with a new president
International chemistry nomenclature organisation to be headed by Mary Garson
INSIGHT: Domestic supply-demand gap to lengthen for China ABS market in 2026, exports to continue growth
SINGAPORE (ICIS)--Although new ABS production capacity additions in China will be lower in 2026 than the previous year, the market is expected to remain oversupplied due to substantial accumulated...
Plant status: Huntsman restarts larger MDI line in Rozenburg, Netherlands
LONDON (ICIS)--Here is a plant status report: Company: Huntsman Location: Rozenburg, Netherlands Product: Methylene diphenyl diisocyanate (MDI) Capacity (tonnes/year): 350,000 (Unit 2) Event start:...
Europe paraffin wax competition from China to rise despite expensive freight
LONDON (ICIS)--The European paraffin wax market looks poised for increased competition from Chinese material ahead of the Lunar New Year, while sellers face additional barriers like higher freight...
Singapore, Dubai push on with LNG vessel conversions
Singapore's Seatrium yard begins conversion for Egypt Dubai prepares unit for Gabon deployment LNG conversion space remains tight SINGAPORE (ICIS)--Shipowner Hoegh Evi’s decision to convert the...