Industry News
Chemical Industry News
European officials scramble to monitor energy markets amid US-Iran conflict
Additional reporting by Ghassan Zumot EU and member states convene meetings to monitor developments Policymakers have limited powers to curb rising prices Gas coordination group, energy market task...
PODCAST: Sustainably Speaking – Insights from PRC 2026
HOUSTON (ICIS)--The Plastics Recycling Conference has just wrapped up at the end of February in San Diego, California, and here are some key insights from the event. Podcast hosted by Senior Analyst...
Europe rHDPE natural pellet prices rise, white pellet range narrows
LONDON (ICIS)--Recycled high density polyethylene (rHDPE) natural blow moulding grade pellet prices rose on the low end of the range in February, while the white pellet range narrowed. Some of the...
Kuehne warns on air logistics impacts as US-Iran war enters fourth day
LONDON (ICIS)--The grounding of air freight capacity because of the latest US-Iran conflict will result in a near-term supply-demand mismatch similar to what occurred during the pandemic, Stefan...
INSIGHT: Middle East conflict reshapes global polyolefins trade: regional market perspectives
MUMBAI (ICIS)--The escalating conflict in the Middle East has triggered significant volatility across global energy and chemical markets. Major container shipping companies have suspended operations...
European power prices keep rising, highlight risk premium for markets relying on CCGTs
By Johnathan Hamilton-Eve, Giovanni Musella and Gemma Blundell-Doyle European power prices surged again on 3 March amid US-Iran conflict, with front-month, front-quarter up between 14-31% by 15:00...
European chlor-alkali market faces margin hits, unpredictable supply shocks from Iran war
LONDON (ICIS)--The outbreak of war in the Middle East has historically caused problems to anyone caught downstream. For example, the first Gulf War briefly doubled oil prices in the wake of the Iraqi...
CDI US February ethylene contract prices finalized
HOUSTON (ICIS)--Contract prices for US ethylene have been finalized for February 2026. The contract price settled at 30.25 cents/lb, a rollover from...
Austria’s LAT Nitrogen withdraws offer prices on US-Iran conflict
LONDON (ICIS)--Austria’s LAT Nitrogen has withdrawn all offers from the market until further notice following the US-Iran conflict. The company which is the second-largest fertilizer producer in...
Germany better prepared to face gas supply risks but state intervention could be considered – industry association CEO
Russian gas unlikely to return but phaseout and loss of Qatari gas could create difficulties German government in 'wait-and-see' mode over storage filling targets EU should consider manageable...
INSIGHT: India PE, PP markets face supply risks in case of prolonged disruption at Hormuz
MUMBAI (ICIS)--India’s polyethylene (PE) and polypropylene (PP) markets could face significant supply tightness if the Strait of Hormuz, a critical trade route for Middle East exports, remains...
US February barge acetone contracts increase on higher feedstocks
HOUSTON (ICIS)--US February barge acetone contracts have increased by 3.00 cents/lb ($66/tonne), according to sources. Contracts were assessed at 45.50 cents/lb DEL (delivered). Spot feedstock...
Middle East conflict-driven cost surge to shape EU epoxy March talks
LONDON (ICIS)--Surging crude oil and gas prices from the escalating Middle East conflict are driving up production costs for European epoxy and Asian imports – and raising freight cost concerns,...
Trans-Adriatic Pipeline operator planning binding expansion test in Q1 ’27
TAP to hold binding incremental capacity phase in Q1 ’27 Non-binding phase completed in late-Feb, about 3mcm/day requested TAP’s 1.2bcm/year expansion earlier this year has not led to change in...
GAS ALERT: Iran threatens ‘serious response’ against vessels transiting Strait of Hormuz
LONDON (ICIS)--Iran has again warned of attacks against any ships transiting the Strait of Hormuz, according to the BBC, citing Ebrahim Jabbari, an adviser to the Commander-in-Chief of Iran's Islamic...
PODCAST: Energy, chemicals, fertilizers roiled by Middle East war
BARCELONA (ICIS)--ICIS experts discuss the immediate and longer-term impact of the Middle East conflict with rising prices likely to fuel inflation, hurting downstream demand. Crude oil spike...
Chems market slide continues to accelerate as commodity prices surge
LONDON (ICIS)--The decline in valuations for chemicals producers and global equity markets accelerated on Tuesday in the face of escalating increases in commodity prices as the Strait of Hormuz...
Experimenting with murder
A criminal mastermind made sure their unusual poison attack would be fatal
Citric acid cycle a ‘garbage compactor’ as well as an energy powerhouse
Textbook metabolic cycle is still surprising scientists as they delve into its details
Radical chemistry pioneer Moses Gomberg probably made a trivalent carbon years before he realised
Recreation of Gomberg’s experiments suggests that he may have made a hypovalent carbon species years before reporting their discovery