Industry News
Chemical Industry News
CRUDE SUMMARY: Crude prices edge down over the week as crude risk premium eases
US-Iran tensions easing as nuclear talks progress made Prospect of another round of Ukraine-Russia talks next week Bearish fundamentals driven by supply recovery in February US oil rig count down by...
Africa PE prices surge on tight supply
LONDON (ICIS)--African polyethylene (PE) prices gained up to $80/tonne week on week for high density polyethylene (HDPE) and linear low density polyethylene (LLDPE) grades in West and East Africa....
German coatings and printing ink producers face another tough year
LONDON (ICIS)--Following a tough 2025, German coatings and printing inks producers are facing another difficult year in 2026, industry trade group VdL said in a report. Last year, sales volumes fell...
ICIS GAS INSIGHT WEEK 7 NEWS IN BRIEF
This news summary was generated via Ask ICIS LONDON (ICIS)--Please find below a short summary of the key gas stories ICIS published in week 7. TTF price plunges Monday morning, prompt risk premium...
European PET market firms as prompt options tighten
LONDON (ICIS)--European polyethylene terephthalate (PET) price offers have moved higher in recent days as buyers confront a tightening prompt market and fewer workable spot options. The shift has...
Implementation timeline remains uncertain in latest draft of Italian energy decree
Additional reporting by Giovanni Musella Latest draft of energy decree triggers market concerns Gas market yet to react while calendar-year power contracts shed value Timeline for implementation of...
Some of the heat taken out of European acetone spot market
LONDON (ICIS)--Average European acetone truck spot prices inched up this week again but the rate of increases has slowed dramatically. Some resellers quote a drop in enquiries. One seller said it had...
WEEKLY GAS OUTLOOK: Weather fundamentals, LNG outages key for gas prices in week 8
Weather fundamentals likely to be main drivers for week 8 LNG terminals outages in UK and France could cause redirections and lower sendout Depleting stocks, outages could support front-summer...
ICIS POWER INSIGHT WEEK 7 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 7. FBMC WEEKLY: Milder temperatures and strong wind to...
LNG SPOTLIGHT: TotalEnergies expects Qatar expansion to boost LNG business in 2026
LONDON (ICIS)--TotalEnergies’ expects LNG production growth of 6% this year, combined with LNG sales of over 44 million tonnes, which should offset an expected decline in prices, according to the...
FORTNIGHTLY MARKET COMMENT: Milder weather outlook pressures CEE gas spot prices
By Tatjana Jovanovic and Aura Sabadus LONDON (ICIS)--Central and eastern European spot prices fell during 29 January – 12 February 2026 on upward weather revisions, reduced risk on cold snap...
FORTNIGHTLY MARKET COMMENT: Unplanned LNG outages temporarily widened the PSV Day-ahead premium to TTF despite bearish weather
By Martina Losi and Tatjana Jovanovic LONDON (ICIS)--PSV Day-ahead shed value between 29 January and 12 February, amid bearish weather fundamentals and high volatility across European gas markets....
INSIDE STORY: Energy security, affordability at risk as Europe faces rising costs
LONDON (ICIS)--Energy security and affordability have emerged as central challenges to Europe and the UK, as decades of refinery closures, rising energy costs and policy choices threaten industrial...
Emergency gas stocks should be reserved for domestic consumers – Dutch MPs
Dutch MPs call for emergency gas stocks to be reserved for domestic consumers Second motion seeks emergency plan to use cushion gas at Norg despite closure plans Further motions question EU financing...
SAF firm SkyNRG starts building 100,000 tonne/year project in the Netherlands
LONDON (ICIS)--Dutch sustainable aviation fuel (SAF) company SkyNRG has awarded an engineering contract and begun construction work on its 100,000 tonne/year SAF plant at the Delfzijl chemical...
2.3GW German ground-mounted solar auction boosts total 2025 solar capacity awarded to 8.1GW
German Federal Network Agency awards 2.3GW of solar ground-mounted PV at an average price of €50/MWh Bidding activity more than doubled compared to the previous round, reflecting a higher interest...
WEEKLY POWER OUTLOOK: Mild temperatures and ample renewables pressuring French Week 8 ’26 power contract
LONDON (ICIS)--Above-average temperatures and well-above-average wind generation and precipitation levels are likely to pressure French power spot prices in Week 8. Ample nuclear margins will also...
EU to review gas-power price coupling again in bid to lower energy prices
European Commission to re-examine gas-power price coupling EU seeking concrete ways to lower energy prices quickly EU leaders to review options at next meeting in March LONDON (ICIS)--The EU pledged...
EUROPEAN GAS STORAGE UPDATE: Lower storage withdrawals ease tensions on seasonal spreads
By Fabio Roccon and Marta Del Buono MILAN (ICIS)--European storage withdrawals over the 29 January - 12 February period decreased by 21% compared with the previous fortnight and 5% year on year,...
Plant status: Dow Argentina shuts down HDPE plant for scheduled maintenance – sources
SAO PAULO (ICIS)--Here is a plant status report: Name: Dow Chemical Location: Bahia Blanca, Argentina Products: High-density polyethylene (HDPE) Capacity (tonnes/year): 71,000 Event start: 7 February...