Industry News
Chemical Industry News
France to restore its reliance in nuclear energy
French government presented the update of its Multiannual Energy Program (PPE3) The plan strengthened the use of nuclear energy in the country while adjusting other renewable targets Final investment...
Serbia likely to extend Russian gas supply contract with lower volumes
Serbia eyes six-month extension to its long-term gas contract with Russia’s Gazprom If secured, Serbia will receive 6mcm/day, down from the current 10mcm/day in light of high gas storage The...
CSS/CDS MONTHLY: Incentive for coal-to-gas switching remains, but bearish EUA risks could shift trend
LONDON (ICIS)-- Fuel switching costs for both the front-quarter and front-year remain in negative territory but have edged higher amid bearish EUA fundamentals. If this bearish momentum in EUA prices...
Avient cautiously optimistic about demand in 2026
HOUSTON (ICIS)--Avient is “cautiously optimistic” that demand will be better in 2026 than 2025, the top executives of the US-based producer of colorants, advanced composites, functional additives...
US natural gas futures lower on warmer winter temperatures
Henry Hub futures lowered on warmer weather Mid-February forecasts indicated above normal temperatures for the majority of the US Storage data shows inventories decreased to 5.5% below the five-year...
UK likely to be net power importer in front quarter, risks persist
By Anna Coulson and Harvey Bassett Additional reporting by Ethan Tillcock UK power Q2 ’26 contracts at premium to European counterparts The UK is likely to import power through the front quarter,...
Together or apart: Fragmentation stalls the EU’s single energy market as it faces global risks – part 3
By Gretchen Ransow and Aura Sabadus The 2022 energy crisis and new global risks have exposed the vulnerability of the EU's single market. To meet the emerging challenges, the EU needs to deepen its...
Romanian government may set gas price based on basket of coefficients — source
Gas price in Romania expected to be set based on several coefficients Imports may be included in pricing basket End-consumer tariff likely lower than currently LONDON (ICIS)--The Romanian government...
Plant status: Saudi Arabia’s Advanced Petrochemical PP plant No 1 shut down for two weeks
LONDON (ICIS)--Here is a plant status report: Name: Advanced Petrochemical Company (APC) Location: Al Jubail, Saudi Arabia Product: Polypropylene (PP) Capacity (tonnes/year): 270,000 (Plant No 1);...
French TSO ups minimum Montoir LNG sendout availability by 1mcm on weekdays
Minimum sendout from Montoir updated to 20.7mcm/day on weekdays and 19.4mcm/day on weekends This makes around 1.1mcm/day more sendout available on weekdays than was previously announced Upward price...
LNG Weekly Market Report: Soft Asian LNG demand as Europe retains price premium
OUTLOOK LNG trading activity in northeast Asia is described as very thin, with rising temperatures set to limit heating demand as winter's end is visible European gas prices are set to remain...
Engineered enzymes could boost amide bond-forming efficiency for drug synthesis
Approach offers greener route to amide-containing drugs via aldehydes
(+)-Melicolone K
Sequential C–H activations open up the opportunity for an unusual transformation
The chemist anthropologist
What new species remain to be discovered in the lab?
Europe MEK pricing firms on rebalanced supply
LONDON (ICIS)--European spot pricing for methyl ethyl ketone (MEK) has firmed on reduced availability of material. MEK spot pricing was assessed at €1,070-1,150/tonne FD (free delivered) NWE...
Petchem demand to account for half of global oil demand growth in 2026 – IEA
LONDON--Global oil demand is expected to increase in 2026, with petrochemicals demand making up half of this year’s growth, according to the International Energy Agency (IEA) on Thursday. The IEA...
Europe TDI February contract price assessments fall on bearish fundamentals
LONDON (ICIS)--February contracts for toluene diisocyanate (TDI) for the European market were assessed this week at decreases. Final February prices were consistent with absolute numbers received...
Europe MDI February contract price assessments vary on spec
LONDON (ICIS)--February contracts for methylene diphenyl diisocyanate (MDI) for the European market were assessed this week, with increases for polymeric MDI and pure MDI at increases and decreases....
Europe polyols February contract price assessments at increases
LONDON (ICIS)--Slabstock conventional flexible polyether polyols contract prices in Europe for February were assessed this week at increases from the previous month. Prices for February were...
China’s sulphur port inventories down 45,000 tonnes on more trading
SINGAPORE (ICIS)--China’s sulphur port inventories fell to around 1.765 million tonnes on 12 February, because of more trading in the domestic market, ICIS data showed. This marks a decrease of...