Industry News
Chemical Industry News
INSIGHT: This is how US could revive tariffs if it loses court case
HOUSTON (ICIS)--In little time, the US could use two existing statutes to reassemble the global tariffs that could be knocked down by the nation's top court. The Supreme Court is expected to rule...
Halogen-bond catalysis & the future of total synthesis
In this inaugural podcast episode, we explore the future of a 200-year old field of chemistry, investigate an up-and-coming form of catalysis and hear the latest headlines
Plant status: South Korea’s S-Oil to shut PO unit for maintenance in February
SINGAPORE (ICIS)--Here is a plant status report: Name: S-Oil Corp Location: Onsan, South Korea Product: Propylene oxide (PO) Capacity (tonnes/year): 300,000 Event start: 24 February Event finish:...
FORTNIGHTLY MARKET COMMENT: PVB Day-ahead premium to PEG widens to sustain imports from France
LONDON (ICIS)--The PVB Day-ahead climbed between 19 December and 14 January, supported by colder weather and the need to receive consistent imports from France, amid lowering LNG tanks level. The PVB...
Plant status: Planned maintenance due at BASF No 2 Ludwigshafen, Germany cracker in Q2 – sources
LONDON (ICIS)--Here is a plant status report: Name: BASF Location: Ludwigshafen, Germany Products: ethylene, propylene Capacity (tonnes/year): 400,000 (ethylene), 220,000 (propylene) Event start: May...
FORTNIGHTLY MARKET COMMENT: CEE prices jump as weather turns colder, storage withdrawals increase
By Brendan A'Hearn and Aura Sabadus LONDON (ICIS)-- Central and Eastern European gas prices increased significantly between 19 December and 14 January, as weather across the region turned colder and...
Plant status: Partial maintenance due at Shell’s Moerdijk, Netherlands cracker in spring – sources
LONDON (ICIS)--Here is a plant status report: Name: Shell Chemicals Location: Moerdijk, Netherlands Products: ethylene, propylene, butadiene Capacity (tonnes/year): 971,000 (ethylene), 510,000...
FORTNIGHTLY MARKET COMMENT: French spot gains track geopolitical risk, seasonal spreads flip
LONDON (ICIS)--French Day-ahead and February ’26 gas contracts saw sharp gains between 19 December – 14 January, with the price of both contracts climbing 14% over the period. However, prices...
FORTNIGHTLY MARKET COMMENT: Belgian gas hub gains while nation facilitates flows to eastwards
LONDON (ICIS)--The Belgian ZTP February ’26 gained 14% over the period 19 December to 14 January, to reach €32.150/MWh. Bullishness across the European continent through the period lifted the...
FORTNIGHTLY MARKET COMMENT: Dutch TTF prices rise on cold weather, returning geopolitical risks
LONDON (ICIS)--Dutch TTF prompt assessments rose in the first fortnight of January following weeks of bearish pressure despite cold weather. Fast depletion of inventories on cold weather, coupled...
Plant status: Daicel halts production at Japan acetic acid plant after CO outage
LONDON (ICIS)--Here is a plant status report: Company: Daicel Plant location: Aboshi, Hyogo prefecture, Japan Product: Acetic acid Capacity (tonnes/year): 450,000 Event start: 11 January Event...
FORTNIGHTLY MARKET COMMENT: PSV-TTF spread hits three-year high amid rising Italian gas consumption
By Brendan A’Hearn and Giovanni Musella LONDON (ICIS)--Italian PSV spot prices between 19 December 2025 – 14 January 2026 averaged €33.171/MWh, €1.441/MWh higher than the previous fortnight,...
Maersk resumes Red Sea shipping
LONDON (ICIS)--Maersk is set to launch its first return to shipping along the Red Sea route, with the freight operator citing improved stability in the region in the wake of the Israel-Gaza...
INSIDE STORY: Key 2025 LNG trade flows and what to expect in 2026
LONDON (ICIS)--Global LNG production hit 434 million tonnes (mt) in 2025, up by 7% from 2024’s 406.5mt according to preliminary full-year data from ICIS. December 2025 saw a record month where...
FORTNIGHTLY MARKET COMMENT: German THE gas Day ahead jumps 14% on cold and heavy storage draws
LONDON (ICIS)--The German THE gas Day-ahead price edged upwards throughout the end of December before soaring at the start of January on the back of rising storage withdrawals sparked by the first...
LNG Weekly Market Report: TTF at 11-month premium to East Asian spot LNG
OUTLOOK ICIS TTF front month broke $11/MMBtu on Thursday, largely driven by colder European weather with the background of wider geopolitical insecurity Along with colder revisions to weather...
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German SGL Carbon to supply graphite for Dow’s nuclear SMR project in Texas
HOUSTON (ICIS)--Germany’s SGL Carbon will be supplying graphite for the proposed nuclear small modular reactor (SMR) project at Dow’s chemical production site in Seadrift, Texas. The SMR project,...
OMV Q4 olefins margins, polyolefins sales volumes up
LONDON (ICIS)--OMV expects positive impacts from higher olefins indicator margins and increased polyolefin sales volumes, the Austrian oil, gas and petrochemical group said in a Q4 2025 trading...