Industry News
Chemical Industry News
Bank calls for repayment of loans made to incomplete Azoty PDH-PP project
LONDON (ICIS)--Grupa Azoty said late on Friday that Polish lender Bank Pekao has declared zloty (Zl) 3.95 billion ($1.09 billion) in loans awarded to the company’s polyolefins project unit due and...
Polish-Ukrainian gas transmission capacity to rise by 20% from February
20% additional interruptible capacity from Poland to Ukraine from February Smaller amount available later in summer Solution only "temporary" and further investment needed to make it firm LONDON...
North American chemicals push for swift USMCA renewal ahead of 2026 review
SAO PAULO (ICIS)--North America's three main chemicals trade groups have called for a swift renewal and the full implementation of the United States-Mexico-Canada Agreement (USMCA) ahead of a...
Butane markets diverge: Med strengthens and NWE weakens
LONDON (ICIS)--Liquefied petroleum gas (LPG) spot prices remained mixed for January. Demand for butane remained reduced in the north, while butane tightness continues to impact prices in the...
Italian PSV winter months’ premiums to TTF widen on storage, solar risk
PSV front month premium over TTF reaches new high on storage risk Imports from northwest Europe to increase in February PSV March ’26 premium follows suit although less risk than February ’26...
Europe PE/PP players reel with shock from Sabic asset sale
LONDON (ICIS)--European polymer players were rattled by Sabic's decision to sell their European assets to German asset management firm AEQUITA. "It is an earthquake [but] we don't expect major...
New material demonstrates ionic conductivity across three states
‘State-independent’ ionic conductivity could create safer solid-state batteries and faster electronics
European naphtha tracks crude volatility as forward buying signals cautious Q1 tightening
LONDON (ICIS)--European open-spec naphtha spot prices have broadly tracked crude movements, with short-term market conditions remaining broadly balanced, despite pockets of volatility. Prompt spreads...
Global PET: Oversupply, tariff risks set cautious tone for 2026
SAO PAULO (ICIS)--Global polyethylene terephthalate (PET) markets are unlikely to see meaningful relief from supply‑demand imbalances through 2026. Asian PET prices begin 2026...
MARGINS: Higher feedstock costs drive Europe naphtha-based PE margins down
LONDON (ICIS)--Margins at naphtha-based polyethylene (PE) plants in Europe fell week on week on higher feedstock costs, ICIS Margin Analysis showed on Monday. Operators using liquefied petroleum gas...
GAS ALERT: Deutsche Regas files DET state aid challenge against European Commission
LONDON (ICIS)--Germany’s Deutsche ReGas has filed a legal challenge against the European Commission’s approval of state aid granted by Germany to state-owned DET for its FSRU-based LNG import...
Funding boost for Grangemouth whisky waste-to-chemicals firms
Governments hope £9 million in grants will help MiAlgae and Celtic Renewables replace oil-refining jobs
Plant status: Napetco methanol unit in Marsa Brega, Libya in shutdown
LONDON (ICIS)--Here is a plant status report: Name: Napetco Location: Marsa Brega, Libya Product: Methanol Capacity (tonnes/year): 330,000 Event start: Estimated December Event finish: January...
Plant status: Socar methanol Karadagh plant shut down for Jan-Feb
LONDON (ICIS)--Here is a plant status report: Name: Socar Location: Karadagh, Azerbaijan Product: Methanol Capacity (tonnes/year): 561,000 Event start: January Event finish: February Reason: Planned...
GAS ALERT: Locational spreads activated as French gas grid congestion persists in week 4
LONDON (ICIS)--French gas grid operators Terega and NaTran have activated several decongestion mechanisms for 19, 20 January, including locational spreads and suspension of available capacities, to...
Europe chemical stocks fall on renewed trade war fears
LONDON (ICIS)--European chemicals stocks plummeted in early Monday trading on fears of fresh tariffs on some countries and the prospect of revived EU duties on US imports amid ongoing tension over...
MARGINS: Europe naphtha-based MEG margins down on higher feedstock costs
LONDON (ICIS)--Margins at monoethylene glycols (MEG) plants in Europe fell week on week on the back of firmer feedstock costs, ICIS Margin Analysis showed on Monday. Conversely, operators based on...
INSIGHT: CBAM stifles fertilizer markets amid lack of clarity on carbon price, exemptions
BARCELONA (ICIS)--The EU’s flagship climate legislation, the Carbon Border Adjustment Mechanism (CBAM), has thrown fertilizer markets into a state of confusion since it went live in January 2026....
TTF prices plunge on Monday morning as weather runs turn milder
TTF prices drop on warmer weather runs compared to Friday Geopolitical situation also seen as bearish in near term Some traders see drop as reversion to more rational price level LONDON (ICIS)--The...
Intra-Europe chemical tanker spot rates mixed
LONDON (ICIS)--Intra-Europe chemical tanker spot freight rates were mixed in the week ending 16 January, with some rates unchanged and others softening, based on market feedback. Recent deals for...