Industry News
Chemical Industry News
Romans’ hot recipe for self-healing concrete unravelled in Pompeii
Discovery of building materials abandoned at construction site reveals secrets of ancient concrete that can set underwater
In times of strife, should you hold a work Christmas party?
Celebrations are important, even when redundancies and funding cuts mean many chemists aren’t in the festive mood
IEA cuts crude supply forecasts as surplus narrows
LONDON (ICIS)--Global crude oil supplies fell dramatically in November as exports from sanctions-hit Russia and Venezuela declined, according to the International Energy Agency (IEA), prompting it to...
Five key ICIS LNG stories from the week
LONDON (ICIS)-- Here are five key LNG stories published in the ICIS news feed over the week 4-11 December, as delivered by AskICIS. China will remain crucial for global LNG flows, despite mild...
UK NBP discount to ZTP may widen if domestic gas storages near capacity
Mild weather to cap gas demand Storage injections to limit prompt downside in the near term Storage refill, widening NBP prompt discount to ZTP to allow exports LONDON (ICIS)--Mild and windy...
Weekly LNG Market Report: Asia defends premium as buyers stay on sidelines
OUTLOOK Atypically low prices are yet to lure price-sensitive buyers in Asia, which could allow the market to test new seasonal lows amid lack of weather-driven demand Sentiment across the...
INSIGHT: GPCA ’25: GCC pursuing strategic alliances to drive growth, mitigate volatility
MANAMA, Bahrain (ICIS)–Strategic partnerships and joint ventures are rapidly becoming the primary engine for delivering growth and managing volatility in the global petrochemical industry,...
Trader views mixed on 22-hour ICE TTF trading, with some fearing more volatility and longer working hours
By Brendan A'Hearn Many traders fear longer working hours for smaller European desks Opinions split on whether liquidity will meaningfully increase Smaller gap between end and beginning of trading...
The ICIS LNG Year in Review, 2025
LONDON (ICIS)--2025 was marked by a record number of final investment decisions (FIDs) on US LNG projects as outright US LNG production hit new record levels. The EU moved forward timelines to end...
GPCA ’25: Indorama CEO urges co-ordinated state-private action to tackle petrochemical overcapacity
MANAMA, Bahrain (ICIS)--Governments and the private sector must collaborate on rationalizing petrochemical capacity to resolve global oversupply, as unchecked expansions driven by sovereign...
Plant status: Thailand’s Continental to restart plasticizers unit H2 Dec
SINGAPORE (ICIS)--Here is a plant status report: Name: Continental Chemical Corp Location: Samut Prakan, Thailand Product: Plasticisers Capacity (tonnes/year): 35,000 Event start: 5 December 2025...
GAS ALERT: Italy’s Snam is taking a 48.2% stake in OLT Offshore LNG Toscana
LONDON (ICIS)--Italian energy infrastructure company Snam is buying a 48.2% stake in Italian company OLT Offshore LNG Toscana, which operates the FSRU offshore Livorno, according to a release. Snam...
Nutrien completes sale of 50% stake in Argentina’s Profertil for $600 million
LONDON (ICIS)--Nutrien has completed the sale of its 50% equity stake in Argentina-based nitrogen producer Profertil to Adecoagro through a joint acquisition, it said on Thursday. Total proceeds from...
WEEKLY CRUDE OUTLOOK: Russia-Ukraine peace deal progress to lead market sentiment
LONDON (ICIS)--Despite a sentiment-boosting US interest rate cut, any upside in the oil price remains counterbalanced by hopes that a Ukraine-Russia ceasefire could release additional Russian barrels...
Asia MEG prices lowest since pandemic as weak fundamentals sustain
SINGAPORE (ICIS)--Asia spot monoethyle glycol (MEG) prices have plummeted to the lowest level since the pandemic as the weak market fundamentals continue to slam discussions. Spot discussions fell to...
Europe December MDI contract price assessments vary on spec
LONDON (ICIS)--Methylene diphenyl diisocyanate (MDI) contract prices in Europe for December were assessed this week with rollovers to increases for polymeric MDI and pure MDI at rollovers. Polymeric...
Inorganic homologous series forms solids with predictable structures
Newly uncovered structure–composition relationship could help to improve AI’s ability to predict new inorganic materials
A unifying force for African medicines
The new African Medicines Agency is hugely important but faces significant challenges
Europe December TDI contract price assessments at decreases
LONDON (ICIS)--Toluene diisocyanate (TDI) contract prices in Europe for December were assessed this week at decreases from the previous month. Final December prices were assessed at decreases which...
Europe December polyols contract price assessments at rollovers
LONDON (ICIS)--Slabstock conventional flexible polyether polyols contract prices in Europe for December were assessed this week at rollovers. Prices for December were assessed in line with feedback...