Industry News
Chemical Industry News
Canada’s C$35 billion west coast oil pipeline project not commercially viable
TORONTO (ICIS)--Canada’s proposed 1 million barrel/day West Coast oil export pipeline project is not commercially viable and will pose a big risk to the country’s taxpayers, an energy and...
INSIGHT: Europe methanol derivatives outlook: Cost inflation collides with fragile demand
LONDON (ICIS)--The European methanol value chain enters Q4 under pressure from rising feedstock and energy costs, even as demand remains weak across much of the region's industrial base. Logistics...
China acetic acid prices surge in September on export pull
SINGAPORE (ICIS)--Acetic acid prices in China have risen sharply in September on strong export demand and tight supply. However, expected new capacity and uncertainty about downstream demand at...
China’s Shandong Hualu Hengsheng increases its September listed ADA price
SINGAPORE (ICIS)-- China's Shandong Hualu Hengsheng’s listed adipic acid (ADA) price has been increased by yuan (CNY) 100 /tonne to CNY10,000/tonne, effective from 23 September. It was the fourth...
Spain’s gas storage levels limited by PVB Day-ahead premium to curve
PVB Day-ahead remains at a premium to Q4 ‘26 contract, deterring storage injections Commercial storage makes up only 37% of storage, increasing the share of regulated inventories Winter premiums...
Egypt sulphur imports surge in H1 2026 despite price hikes
LONDON (ICIS)--Egypt’s sulphur imports jumped more than twentyfold in the first half of this year, as buyers secured material from a broader range of suppliers despite exceptionally high prices and...
Plant status: S Korea’s LG Chem runs caustic soda lines at reduced rates due to high costs
SINGAPORE (ICIS)--Here is a plant status report: Name: LG Chem Location: Yeosu, South Korea Product: Caustic soda Capacity (tonnes/year): 750,000 (All lines) Event start: September Event finish: TBC...
Plant status: Taiwan’s FPC runs Mai Liao caustic soda lines at reduced rates
SINGAPORE (ICIS)--Here is a plant status report: Name: Formosa Plastics Corporation (FPC) Location: Mai Liao, Taiwan Product: Caustic soda Capacity (tonnes/year): 1,371,000 (All lines) Event start:...
Plant status: China’s FPC PVC op rates in Ningbo lowered due to high costs
SINGAPORE (ICIS)--Here is a plant status report: Name: Formosa Plastics Corporation (FPC) Location: Ningbo, China Product: Polyvinyl chloride (PVC) Capacity (tonnes/year): 400,000 (suspension grade),...
Plant status: Taiwan VCM runs VCM units at lowered rates due to high costs
SINGAPORE (ICIS)--Here is a plant status report: Name: Taiwan VCM Location: Lin Yuan, Taiwan Product: Vinyl chloride monomer (VCM) Capacity (tonnes/year): 450,000 Event start: August Event finish:...
Plant status: China’s Guangxi Huayi schedules PVC turnaround in November – sources
SINGAPORE (ICIS)--Here is a plant status report: Name: Guangxi Huayi Chlor-Alkali Chemical Location: Qinzhou, China Products: Polyvinyl chloride (PVC) Capacity (tonnes/year): 400,000 Event start:...
China average BDO plants’ run rate flat amid minor operational changes
SINGAPORE (ICIS)--The average run rate of butanediol (BDO) plants in China was stable at 52.0% in the week ended 22 September. Ningxia Wuheng is gradually restarting No 2 plant. The run rate is...
Europe’s last Acetyls site halts production
INEOS in Hull operates three world scale chemical intermediate plants producing the building blocks for a wide range of industries throughout Europe including pharmaceuticals, food products, clothing, cosmetics, detergents, construction materials and high energy military
Accidents at South Africa’s nuclear power plant lead to questions over country’s nuclear future
Is the state’s nuclear regulator able to rise to challenge of planned installation of 5.2GW of nuclear power by 2039?
Input Requirements, Output Material: ExoMatter Tests Inverse Design in Materials Development
The Munich-based deep tech startup ExoMatter has completed its first proof of concept for inverse design with an industrial client. Instead of testing existing materials against a requirement, inverse design generates candidate materials based on
BASF evaluates MDI investment in India
BASF is evaluating a potential investment in India as part of its continued commitment to serving growing customer demand in the region. The company is in the advanced stages of a feasibility study for the
Evonik is cutting 3,200 jobs worldwide and sharpens growth strategy
With a clear focus on all its activities, Evonik will strengthen growth over the next three years. The business portfolio will be set up according to roles, and specific tasks will be assigned to the
European naphtha prices stay firm despite weaker cracks and selling pressure
LONDON (ICIS)--European naphtha fundamentals have weakened in recent sessions, with sustained refiner selling and softer feedstock economics weighing on the paper market, although physical...
Mexico’s chemicals output rebounds but plastics, rubber remains weak
SAO PAULO (ICIS)--Mexico’s chemicals output rose by 1.4% in July, year on year, although the accumulated growth in the year to July stands at just 0.2%, the country’s statistical office Inegi...
EU September epoxy rolls to soft as demand lags, but costs bite
LONDON (ICIS)--Europe epoxy prices were stable-to-soft in September, despite cost challenges, as demand remained sluggish post holidays and the need to defend and place volumes was very much...