Industry News
Chemical Industry News
Canada manufacturing capacity utilization rises to 77.1% in February
TORONTO (ICIS)--Canada’s manufacturing capacity utilization rate rose to 77.1% in February, from 75.4% in January, led by gains in the transportation equipment, wood, and machinery sectors,...
ICIS POWER INSIGHT WEEK 16 NEWS IN BRIEF
This news summary was generated via Ask ICIS LONDON (ICIS)--Please find below a short summary of the key power stories ICIS published in week 16. Germany could reactivate hard coal grid reserve amid...
Trump announces reopening of Strait of Hormuz; Iran sets conditions
HOUSTON (ICIS)--US President Donald Trump announced in a social media post on Friday that the Strait of Hormuz is fully reopened, but Iran’s Tasnim News Agency said there were three conditions,...
European acetone truck spot prices stabilise as supply increases
LONDON (ICIS)--European acetone truck spot prices were steady this week, with demand down compared with last week and more material being offered on the market. Increased supply is said to be a...
Germany residential permits rise, but interest rates, Iran war weigh on builder sentiment
LONDON (ICIS)--Although the number of residential building permits in Germany has risen, higher interest rates and impacts from the Iran war are weighing on builder sentiment. Permits rose by 24.1%...
Plant status: Malaysia’s PETRONAS cracker turnaround on track to restart H2 May
SINGAPORE (ICIS)--Here is a plant status report: Name: Petronas Chemicals Olefins Location: Kerteh, Malaysia Product: Ethylene, propylene Capacity (tonnes/year): 600,000 (ethylene), 95,000...
WEEKLY POWER OUTLOOK: Spot prices likely to fall on strong nuclear and wind power
Strong nuclear availability likely to keep pressuring French power prices Above-average German wind production also likely to keep spot prices low next week Israel-Lebanon ceasefire likely to have...
Europe methanol spot prices hit record highs, causing buyers to retreat
LONDON (ICIS)--European methanol spot prices climbed to record highs this week following a 5% increase in the ICIS mid-point. Spot physical trading seen in the week on an FOB Rdam basis: Day Deal...
Brazil sulphur imports plunge in Jan-Mar on US-Iran war
LONDON (ICIS)--Brazil’s sulphur imports dropped by almost half in the first three months of 2026 as global supply tightened after Iran shut the Strait of Hormuz in response to US and Israeli...
UK carbon price support removal bearish UK power prices, bullish UKAs, NBP
UK government plans to remove carbon price support from April 2028 This was bearish for UK power prices as it lowers the marginal cost of gas generation, but was bullish for carbon and gas prices
GAS ALERT: TTF front month drops after Hormuz announcements
LONDON (ICIS)--The TTF May ’26 gas contract price was down over 8% to €39.00/MWh (about $13.47/MMBtu) at around 2:00pm London time on Friday, trade data shows. The drop follows announcements from...
WEEKLY GAS OUTLOOK: Calmer geopolitics, mixed fundamentals to keep TTF prices rangebound in week 17
LONDON (ICIS)--European gas prices may tick down in week 17 relative to week 16 amid strong renewable output and easing risks of disruptions to global supply. However, lower temperature forecasts for...
MOVES: Evonik extends contract of CEO Kullmann to 2030, appoints new CFO
LONDON (ICIS)--Evonik has extended the contract of CEO Christian Kullmann to 2030, it said on Friday. Kullmann has led the Germany-based international chemicals company since 2017, when he took over...
Three chemistry Nobel laureates shared their failures – and how they overcame them
Laureates talk about how they faced frustration and self-doubt over whether they were cut out for chemistry before they finally triumphed
Meet the researchers who are making bonds outside of the lab
There are many benefits to participating in extracurricular activities with colleagues
IBU-tec is setting up LFP production without Chinese technology
IBU-tec advanced materials AG completed a significant intermediate step in the buildup of a large-scale production of European LFP battery material with the topping-out ceremony for the new spray tower at the Bitterfeld-Wolfen site. The
Sweet-LOHC: The Next Generation of Chemical Hydrogen Storage
Liquid organic hydrogen carriers are set to become even more sustainable. In a new research focus at the Institute for a Sustainable Hydrogen Economy (IHE), researchers at Forschungszentrum Jülich are investigating storage molecules made from
Why Water Droplets “See” Graphene—Yet Don’t Show It
Research on graphene has made great strides in recent years. However, to fully harness its potential in applications such as desalination membranes, sensors, and energy storage and conversion, a deeper understanding of the interaction between
NYMEX: US gas futures rise despite growing storage surplus
Front-month US natural gas futures rose again on 16 April, gaining a few additional cents in spite of the release of bearish storage data The May Henry Hub contract on NYMEX settled at $2.647/MMBtu,...
CRUDE SUMMARY: Oil prices edge higher amid increasing doubts of breakthrough
Negotiations between US and Iran could resume as soon as this weekend US widens naval blockade in Strait of Hormuz Ukrainian drone hits Russian oil tanker at Tuapse Black Sea port LONDON...