Industry News
Chemical Industry News
Europe BPA spot range widens on Asian competition
LONDON (ICIS)--Europe bisphenol A (BPA) spot prices were stable to softer in thin trading, with some price flexibility for landed imports, amid more competitive Asian offers for fresh shipments. Spot...
European acetone truck prices keep falling as supply lengthens
LONDON (ICIS)--European acetone spot truck prices fell again this week, with pressure on numbers amid plentiful offers and low demand. Buyers are waiting for pricing developments after the recent...
Plant status: Japan’s ENEOS restarts cracker following slight delay after turnaround – sources
SINGAPORE (ICIS)--Here is a plant status report: Name: ENEOS Location: Kawasaki, Kanagawa, Japan Product: Ethylene (C2), propylene (C3) Capacity (tonnes/year): 540,000 (C2); 308,000 (C3) Event start:...
Creditors balk at Braskem’s restructuring plan – report
HOUSTON (ICIS)--US-listed shares of Braskem fell by more than 10% on Thursday following a media report saying that creditors are resisting its out-of-court restructuring plan. Braskem and its new...
PP SE Asia deals, discussions for week ended 19 June 2026
MUMBAI (ICIS)-- Here are the polypropylene (PP) CFR (cost & freight) southeast (SE) Asia and CFR Vietnam deals and discussions for the week. PP Flat yarn ND/D Type Origin (D/ND) A.S. Price...
Germany producer prices rise 0.3% from April to May, naphtha up 5%
LONDON (ICIS)--Germany’s producer prices rose 0.3% from April to May, and they were up 2.2% year on year from May 2025, according to data by the country’s federal statistics office on Friday....
Italy signs final FER X decree, allocating 16.5GW wind and 10GW solar capacity
Final FER X decree signed after European Commission approval Scheme to allocate 37.15GW of new renewable capacity GSE operational rules due within 60 days of entry into force LONDON (ICIS)--Italian...
ICIS Economic Summary: Ceasefire and Strait opening provide tailwind for US economy
CHARLOTTE, North Carolina (ICIS)--A tentative ceasefire and potential opening of the Strait of Hormuz appear to be in place. This Middle East conflict has lasted longer than originally expected, and...
UPDATE: Newly formed LEUNA-Polyamid files for insolvency
LONDON (ICIS)--Germany-based caprolactam (capro) and polyamides producer LEUNA-Polyamid has entered insolvency proceedings less than three months after the business was acquired from DOMO by its new...
WEEKLY POWER OUTLOOK: French nuclear heat risk likely to support European power spot prices
LONDON (ICIS)--High temperatures on France's Rhone and Garonne rivers amid the current heatwave could impact production at multiple French nuclear plants in week 26, EDF has warned, which is likely...
LNG Compass: Hormuz transit tally, US supply update, and Australian project restarts
LNG Compass is a column from the ICIS LNG analyst team highlighting key factors impacting supply, demand and prices; helping traders navigate their way through volatile global markets. Uptick in...
WEEKLY GAS OUTLOOK: Middle East developments, weather risks to keep European gas volatile in week 26
FRANKFURT (ICIS)--European gas prices are set for a potentially volatile week from 22 June as traders assess whether the US-Iran memorandum of understanding can translate into a durable reopening...
Evonik sells German pharma-chem production assets
LONDON (ICIS)--Evonik has sold its production assets for pharmaceutical ingredients at Hanau, near Frankfurt, to ProChem, a family-owned German chemical contract manufacturer. The assets were...
Hormuz reopens but LNG shipping still cautious
(Recasts, adjusting the charter rates range in first paragraph) UKMTO suggests Strait of Hormuz open but with limited passage Rates have dropped as market remains in paralysis If opening continues...
Synthomer to sell Czech acrylate monomers business to Mutares
LONDON (ICIS)--Synthomer is to sell its acrylate monomers business in the Czech Republic to Mutares in the latest chemicals sector purchase by the German-based turnaround investor. The last upstream...
Plant status: INEOS lifts etac force majeure at Hull, UK
LONDON (ICIS)--Here is a plant status report: Name: INEOS Oxide Location: Hull, UK Product: Ethyl acetate (etac) Capacity (tonnes/year): 335,000 Event start: 4 March Event finish: 17 June Reason:...
Canada’s GDP to grow in 2026 and 2027, but USMCA will be key – Oxford Economics
TORONTO (ICIS)--Although Canada’s economy is weak, it is not in recession and should grow by 0.7% in 2026, 2.0% in 2027 and 2.3% in 2028, according to projections by Oxford Economics. Q1 GDP fell...
GAS ALERT: Fluxys Belgium launches third auction for remaining SBU storage bundles for 2026-2027
LONDON (ICIS)--Fluxys Belgium has announced a new storage auction on 29 June for 53,458 Golden Standard Bundled Unit (SBU) for the remainder of the 2026-2027 storage year, with service period between...
Asia MA softens as weaker crude dampens regional demand
SINGAPORE (ICIS)--Asia's maleic anhydride (MA) market softened during the week, pressured by falling crude oil prices, cautious downstream buying and seasonal demand weakness across the region. In...
Newly formed LEUNA-Polyamid files for insolvency
LONDON (ICIS)--Germany-based caprolactam (capro) and polyamides producer LEUNA-Polyamid has entered insolvency proceedings less than three months after the business was acquired from DOMO by its new...