Industry News
Chemical Industry News
Axalta expects recovery starting in Q2 – execs
HOUSTON (ICIS)--Axalta Coating Systems expects business in the current Q1 to be slow, followed by a recovery starting in Q2 and momentum building into the second half of the year. As 2026 progresses,...
Europe BDO February contracts surge by triple digits on provisional ADDs
LONDON (ICIS)--European butanediol (BDO) contracts for February settled at a €200/tonne increase from January, putting an end to a run of four consecutive months of stable pricing. Some increases...
US November BD daily production from steam crackers rises
HOUSTON (ICIS)--The November daily rate of US butadiene (BD) production from steam crackers rose from the prior month despite higher industry operating rates, according to data from Worley...
US November propylene production from steam crackers rises
HOUSTON (ICIS)--The daily rate of US propylene production from steam crackers in November rose from the previous month despite lower operating rates, according to data from Worley Consulting,...
Europe MTBE average prices decline with lower Eurobob values
LONDON (ICIS)--The European methyl tertiary butyl ether (MTBE) market saw average prices decrease in the week ending 6 February, aligning with lower Eurobob gasoline values. The factor to gasoline...
Plant status: Butachimie plans mid-April turnaround for Chalampe ADN plant
LONDON (ICIS)--Here is a plant status report: Name: Butachimie Location: Chalampe, France Product: Adiponitrile (ADN) Capacity (tonnes/year): 620,000 Event start: Mid-April Event finish: Mid-June...
MARGINS: Softer feedstock costs, higher product pricing drive Europe naphtha-based MEG margins up
LONDON (ICIS)--Margins at monoethylene glycol (MEG) plants in Europe increased week on week amid softer feedstock costs and higher product and co-product credits, ICIS Margin Analysis showed on...
Europe PA flake spot prices rise at high end, liquid stable
LONDON (ICIS)--European phthalic anhydride (PA) spot prices for flake-grade material increased slightly at the high end of the assessed range in the week ending 6 February after confirmed deals...
MARGINS: Europe naphtha-based cracker margins up on lower feedstock costs, higher ethylene pricing
LONDON (ICIS)--Naphtha-based cracker margins in Europe rose week on week on the back of lower feedstock costs and higher product and co-product credits, ICIS Margin Analysis showed on Tuesday....
Europe MA liquid spot prices continue to rise on tight availability
LONDON (ICIS)--European maleic anhydride (MA) liquid spot prices moved higher in the week ending 6 February, extending gains seen in the previous week as supply tightness persists through the...
Mexico, Brazil face divergent inflation pressures as central banks navigate easing cycles
SAO PAULO (ICIS)--Mexico's inflation rose in January on the back of strengthening core prices, which will raise concerns at the central bank, while Brazil's easing services inflation - the largest...
Plant status: ILBOC base oils GIII production at Cartagena partially affected by Repsol fire
LONDON (ICIS)--Here is a plant status report: Name: ILBOC Location: Cartagena Product: Base oils Group III Capacity (tonnes/year): 636,283 Event start: 27 January Event finish: Unknown Reason: Fire...
US retail sales flat in December
HOUSTON (ICIS)--US retail and food services sales were flat month on month at $735 billion in December, following a 0.6% November increase, according to US Census Bureau data released on Tuesday....
Plant status: INEOS has flare at US cumene unit
HOUSTON (ICIS)--Here is a plant status report: Name: INEOS Phenol Location: Pasadena, Texas, US Product: Cumene Capacity (tonnes/year): 907,000 Event start: 6 February Event finish: 7 February...
Hungary launches concessions for hydrocarbon exploration and production
Hungary aims to bolster its domestic gas production, launching tenders for seven new locations This will reduce dependence on importing from neighbouring countries Interested parties can submit...
UK auction awards 6.2GW of renewable CFDs, solar wins big
6.2GW of renewable capacity awarded CFD agreements in AR7a 4.9GW of this was awarded to solar PV, with 1.3GW awarded to onshore wind CFD results have no major impact on the UK power market on
German caustic soda ECU contract margins rise in week on lower energy costs
LONDON (ICIS)--Average German membrane electrochemical unit (ECU) contract margins rose in the week ending 6 February. The ECU value fell as the calculated value of chlorine was lower. Average energy...
Global biodiesel market to increase reliance on veg oil – POC speaker
KUALA LUMPUR (ICIS)--Feedstock limitations colliding with growing biodiesel was a key theme outlined in a presentation at the 37th Palm & Lauric Oils Price Outlook Conference & Exhibition...
Dow to cut 4500 jobs in productivity drive
Firm claims AI and automation will help revive growth during sustained industrial downturn
PODCAST: Sustainably Speaking – EU chemical recycling regulation and mass balance approach
LONDON (ICIS)--Join Egor Dementev, ICIS EMEA recycling analytics team lead, as he asks Valentijn De Neve, CEO of BlueAlp and president of industry association Chemical Recycling Europe, and ICIS...