Industry News
Chemical Industry News
China Oct industrial profits fall 5.5% after Sep double-digit growth
SINGAPORE (ICIS)--Profits generated by Chinese industrial firms fell 5.5% on year in October, data from the National Bureau of Statistics (NBS) showed on Thursday. Factors for the contraction include...
Aster Chemicals to double C2 export capacity in Singapore
SINGAPORE (ICIS)--Aster Chemicals and Energy (Aster) has ordered advanced compressor solutions from Japanese firm Hitachi Asia Ltd (Hitachi) that will double the Singapore-based firm’s ethylene...
Mideast isocyanate market stable amid muted year-end buying
SINGAPORE (ICIS)--Spot offers for Middle East isocyanate imports were flat so far in the week ending 27 November, with sparse December-loading spot discussions taking place. Offers and selling...
Plant status: S Korea’s Hyundai to delay cracker restart
SINGAPORE (ICIS)--Here is a plant status report: Name: HD Hyundai Chemical (HDC) Location: Daesan, South Korea Product: Ethylene, Propylene Capacity (tonnes/year): 850,000 (ethylene), 500,000...
Asia ethanol steady; Pakistan supply strong as US demand softens
SINGAPORE (ICIS)--Asia’s ethanol market was steady for the week ending 26 November, with US corn-based anhydrous ethanol offers stable into southeast Asia while domestic fundamentals in the US...
India’s UFlex to build 54,000 tonne/year BOPP line
MUMBAI (ICIS)--Global packaging films manufacturer UFlex Ltd plans to build a 54,000 tonne/year biaxially oriented polypropylene (BOPP) line at its complex at Dharwad in India’s southern Karnataka...
India’s GNFC plans 163,000 tonne/year ammonium nitrate plant
MUMBAI (ICIS)--India’s Gujarat Narmada Valley Fertilizers and Chemicals (GNFC) plans to set up a 163,000 tonne/year ammonium nitrate (AN) melt project for Indian rupees (Rs) 4.5 billion ($50...
Plant status: China’s Cangzhou Dahua to restart TDI unit in early Dec
SINGAPORE (ICIS)--Here is a plant status report: Name: Cangzhou Dahua Location: Cangzhou, China Product: Toluene diisocyanate (TDI) Capacity (tonnes/year): 140,000 Event start: 24 November 2025 Event...
Electrolysis solves one of the biggest legacy problems
Persistent organic pollutants such as DDT or lindane continue to pollute the environment and humans decades after their use. ETH researchers have developed a new electrochemical process that completely dehalogenates these persistent toxins and converts
Breakthrough makes OLED circular polarization electrically switchable
Researchers from the University of Oxford have for the first time discovered an approach to electrically switch organic LEDs (OLEDs) to emit either left-or right-handed circularly polarized light without changing the light-emitting molecules. This could
Lead-acid battery inspired catalyst design
A n international research team from the Songshan Lake Materials Laboratory (SLAB), the Institute of Physics at the Chinese Academy of Sciences, and the International Iberian Nanotechnology Laboratory have developed a novel lead-doped ruthenium-iridium oxide
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Europe MEG players face weak demand and tariff uncertainties
LONDON (ICIS)--There are no positive signs in the European ethylene glycol (EG) market as polyethylene terephalate (PET) demand is battered by imports, tariffs on US industrial goods are due to be...
East China’s SM inventory rises 12.9% on more arrivals
SINGAPORE (ICIS)--Styrene monomer (SM) inventory level in east China increased by 12.9% from last reporting week due to more arrivals, ICIS data showed on Wednesday. The total stock was at 171,800...
Europe isocyanates December talks focus on respective producer issues
LONDON (ICIS)--Market participants have initiated negotiations for December monthly contracts for different isocyanate products including methylene diphenyl diisocyanate (MDI) and toluene...
ICIS launches additional nylon 6 and nylon 6,6 monthly NWE net contract FD price assessments
LONDON (ICIS)--On 25 November, ICIS introduced additional FD (free delivered) NWE (northwest Europe) monthly nylon 6 and nylon 6,6 contract price assessments to reflect net price levels. The starting...
Europe polyol December contract discussions underway
LONDON (ICIS)--Discussions for December polyols contracts have started among some participants in the European market. One of the main discussion points during the current negotiation round is the...
Europe nylon 6,6 November contract prices settle at rollovers and decreases
LONDON (ICIS)--Europe November nylon 6,6 contract prices settled at a mix of rollovers and decreases from October, as persistent weak demand and long supply continued to bear on market sentiment and...
Europe November nylon 6 contract prices rise on tighter supply, higher feedstocks
LONDON (ICIS)--European nylon 6 contract prices for November have settled at increases from October as a double-digit price rise of upstream benzene and tighter supply due to BASF force majeure on...
Europe November ECH freely negotiated contract prices down on cost relief, slow year-end
LONDON (ICIS)--Europe epichlorohydrin (ECH) freely negotiated contract prices have softened in November in line with the propylene cost ratio reduction. Regular freely negotiated contract prices have...