Industry News
Chemical Industry News
Europe ACN spot prices assessed unchanged on lack of deals
LONDON (ICIS)--Prices in the European acrylonitrile (ACN) spot market were assessed unchanged in the week ending 20 February in the absence of confirmed spot deals. Prices remain at...
Moroccan ammonia imports down 6% year on year in 2025
LONDON (ICIS)--Morocco imported 6% less ammonia in 2025 year on year compared with the same period the previous year, according to customs data. Trinidad and Tobago was the top exporter of ammonia to...
National Gas calls for optimisation of remaining UKCS production in response to government security of supply consultation
Additional reporting by Ethan Tillcock Britains gas grid operator set out several policy options in response to the governments security of supply consultation Reduced UKCS production and low...
FBMC WEEKLY: Spring-like temperatures and sunshine to keep French spot prices low in week 9
LONDON (ICIS)--Mild temperatures anticipating the onset of spring are likely to pressure spot prices across much of the flow-based market coupling (FBMC) region in week 9 by limiting late-winter...
Europe MEG spot prices stable to decreasing in subdued market
LONDON (ICIS)--Prices in the European monoethylene glycol (MEG) truck market were assessed down, while bulk prices were assessed stable in the week ending 20 February on lengthy supply and subdued...
Gas transport Route 1 fully booked for March ’26 as US LNG to Ukraine expected
Route 1 capacity fully allocated for March ‘26 in anticipation of Greek consortium deal for the sale of US LNG to Ukraine No bookings made on Routes 2/3 Greek energy minister Stavros Papastavrou...
India ammonia imports up 7% year on year in 2025
LONDON (ICIS)--India imported 7% more ammonia in 2025 compared with 2024, according to customs data. The top exporter to the south Asian nation was Oman, followed by Saudi Arabia. India ammonia top...
Brazil stands to gain most from new US tariff regime but trade probe clouds outlook
SAO PAULO (ICIS)--Brazil is set to emerge as the primary winner from the restructured US tariff framework put in place after the US Supreme Court struck down President Donald Trump's sweeping import...
Grupa Azoty Polyolefins proposes debt plan to creditors in advance of Orlen takeover deal
LONDON (ICIS)--Grupa Azoty Polyolefins (GA Polyolefins) has proposed a debt restructuring plan to its creditors via Poland’s National Debt Register, parent group Grupa Azoty said on Saturday. Azoty...
US urea imports up just 2.6% in 2025 amid tariff pressures
LONDON (ICIS)--US urea imports rose only marginally, by 2.6% year on year to 5.2 million tonnes in 2025, versus 5.1 million tonnes in 2024, despite a 5% increase in corn acreage. The limited growth...
Europe MMA prices firm as limited imports and upstream cost rises felt
LONDON (ICIS)--Spot prices in the Europe methyl methacrylate (MMA) market continued to rise last week. The move up came as the higher price of key feedstock acetone began to filter down into the MMA...
US Stepan to close New Jersey surfactants site; decommission other assets by mid-2026
HOUSTON (ICIS)--Stepan is closing its Fieldsboro site in New Jersey and decommissioning some assets at Millsdale, US and Stalybridge, UK by mid-2026, the US-based surfactants producer said on Monday....
PODCAST: Sustainably Speaking: EU mass balance accounting under SUPD and future of chemical recycling
LONDON (ICIS)--Join Mark Victory, Senior Editor, Recycling at ICIS as he asks Valentijn De Neve, CEO of BlueAlp and president of industry association Chemical Recycling Europe, and Egor Dementev,...
India imports 10.2 million tonnes of urea in 2025 after surge in local demand
LONDON (ICIS)--India imported 10.2 million tonnes of urea in 2025, the most since 2020, as surging domestic demand lifted buying, according to customs data. Urea imports were up 57% last year,...
Series of stable nitrogen radical chains synthesised
These compounds may find uses as nitrene precursors
Europe polyols demand expected to remain lackluster
LONDON (ICIS)--Consumption for polyols in the European market through January was generally sluggish, with conditions likely to remain stable this month. HCOB Eurozone Construction PMI decreased in...
Iran’s urea plants back to full capacity as gas supply stabilizes
LONDON (ICIS)--In Iran, most urea plants are now operating at full rates as gas supply has stabilized after resuming around 15 February following two months of curtailment. Gas supply typically...
Fidelity Shipping emerges as buyer of Omani steam turbine LNG vessels
New Turkey-based shipowner linked to Asyad Shipping quartet Little known about how vessels will be employed One vessel signals course through Bab el-Mandeb strait LONDON (ICIS)--Turkey-based Fidelity...
Europe DEG spot prices rollover in balanced to tight market
LONDON (ICIS)--Prices in the European diethylene glycol (DEG) spot market were assessed as unchanged in the week ending 20 February in a balanced to slightly tight market. DEG truck values remained...
Warm turn, comfortable supply outlook erase late-winter risk premium at Dutch TTF and German THE hubs
TTF and THE March/April ’26 risk premium now below €0.600/MWh versus late-January peaks around €5/MWh Late-winter tightness fears have faded with warmer forecasts and comfortable near-term LNG...