Industry News
Chemical Industry News
OUTLOOK ’26: Europe rPP insolvency risk remains high
LONDON (ICIS)--Insolvency risk is likely to remain high in 2026 across the European recycled polypropylene (rPP) market. The risk of insolvency has been heightened since the beginning of the energy...
OUTLOOK ’26 Europe MA to face demand stagnation, imports set to shape price trends
LONDON (ICIS)--The European maleic anhydride (MA) market is set to enter 2026 under familiar constraints. Demand is expected to remain largely flat as downstream sectors show little sign of recovery,...
OUTOOK 26′: Europe BPA sourcing to stay reliant on Asia, risks weighed
LONDON (ICIS)--The Europe bisphenol A (BPA) market will remain dependent on sourcing from Asia in 2026, due to competitiveness, although upstream restructuring in South Korea raises uncertainty about...
OUTLOOK ’26: Europe E-series glycol ethers to face another challenging year
LONDON (ICIS)--Heading into 2026, expectations in the European butyl glycol ethers market remain broadly subdued, with many participants preparing for a similarly lackluster year to 2025. That said,...
GAS ALERT: Woodsite signs nine-year LNG supply deal with BOTAS starting 2030
LONDON (ICIS)--Australian producer Woodside Energy signed a sales and purchase agreement (SPA) with Turkish incumbent BOTAS to provide 0.5mtpa of LNG over nine years starting in 2030, according to...
OUTLOOK ’26: US PE faces increasingly competitive global market
HOUSTON (ICIS)--The US polyethylene (PE) industry faced challenges in 2025 with volatile global trade policy, higher costs and ever-growing global capacity. These headwinds are not expected to vanish...
OUTLOOK ’26: Europe Isocyanates braces for another year of constrained demand
LONDON (ICIS)--Isocyanate demand in Europe was mainly subdued in 2025, with 2026 expected to remain challenging across various products. MDI line down in Europe TDI force majeure in Europe New TDI...
OUTLOOK ’26: Europe etac, butac markets to be shaped by supply dynamics amid flat demand
LONDON (ICIS)--Participants in the ethyl acetate (etac) and butyl markets are bracing itself for “more of the same” with the economic challenges and geopolitical tensions set to persist in 2026....
OUTLOOK ’26: Europe ethanol supply challenges loom despite demand stability
LONDON (ICIS)--A recalibration of the supply chain is anticipated to impact the European ethanol market in 2026, driven by changing import patterns and a heavier reliance on local production...
Plant status: China’s Sinopec Guangzhou runs cracker normally after restart
SINGAPORE (ICIS)--Here is a plant status report: Name: Sinopec Guangzhou Petrochemical Location: Guangzhou, Guangdong, China Product: Ethylene, propylene Capacity (tonnes/year): 260,000 for ethylene...
OUTLOOK’ 26: China oxo-alcohols capacity surge impacts supply-demand dynamics
SINGAPORE (ICIS)--The oxo-alcohols market in China for 2026 is expected to experience a complex dynamic, characterized by a tug-of-war between oversupply and differentiated demand. Newly online and...
OUTLOOK ’26: Turkey polyolefins braces for mild growth amid PE supply ramp-up, PP oversupply
LONDON (ICIS)--Polyolefins players already know that 2026 will be another tough year, but Q1 should give sellers some respite and room to prepare for a strong wave of new capacities. Restocking in Q4...
OUTLOOK ’26: More exposure, bigger risks for Europe styrene market
LONDON (ICIS)--Europe’s styrene market heads into 2026 with some bigger discounts on offer, but flexibility rather than volume driving negotiations. Uncertain demand, rationalization and a deeper...
ICIS TTF Early Day assessments: 29 December 2025
- Temperatures in northwest Europe forecast to be colder than average for week of 29 December; wind generation power also below norms in the Netherlands - MetDesk - Planned/unplanned maintenance at...
OUTLOOK ’26: Europe BDO fortunes depend heavily on antidumping investigation outcome, with value chain on the precipice
LONDON--The sense of despondency over the state of the European butanediol (BDO) market remains, but 2026 brings to the forefront, more than any recent year, the vulnerability that the system is...
Woodside Energy’s Beaumont ammonia Texas project starts production
SINGAPORE (ICIS)--Woodside Energy has successfully produced first ammonia following the completion of systems testing at its Beaumont New Ammonia (BNA) facility in Texas, marking the start of...
France expects strong LNG, pipeline gas supply in January amid cold spell
Cold weather could last up to week 3 in northern Europe (MetDesk) supporting French domestic and export demand Low risk as the French gas system can rely on steady supply expected for January PEG...
India’s GAIL plans 1.27 million tonne/year urea plant
MUMBAI (ICIS)--India’s state-owned Gas Authority of India Ltd (GAIL) plans to set up a greenfield gas-based urea project in the central Chhattisgarh state, it said in a statement. The company...
India’s HMEL plans PP, fine chemical projects at Bathinda refinery
MUMBAI (ICIS)--India’s HPCL Mittal Energy Ltd (HMEL) plans to set up polypropylene (PP) downstream industries and new fine chemical projects at its Bathinda refinery in the north western Punjab...
China BPA average plant run rate inches down to 69.5%
SINGAPORE (ICIS)--The average run rate of China’s bisphenol A (BPA) plants was at around 69.5% in the week ended 26 December 2025, down by 0.1 percentage points from the last reporting period, ICIS...