Industry News
Chemical Industry News
Plant status: S Korea’s Lotte Chem to resume EVA output in early Dec ’25
SINGAPORE (ICIS)--Here is a plant status report: Name: Lotte Chemical Location: Daesan, South Korea Product: Ethylene vinyl acetate (EVA) Capacity (tonnes/year): 110,000 (LDPE/EVA swing plant 130,000...
Wind lulls test UK gas-fired generation in October
Recent swings in wind output refocus attention on backup role of gas-fired generation Dunkelflaute conditions create opportunities for arbitrage but also pose challenges for grid stability MetDesk...
Vietnam nears first LNG-to-power start with Nhon Trach plans
Nhon Trach 3 and 4 to enter commercial operations by year-end Long-term plans shaped by fuel costs, alternative energy sources Vietnam's LNG roll-out plan could broaden SINGAPORE (ICIS)--Vietnam’s...
East China benzene inventories increase as arrivals outstrip consumption
SINGAPORE (ICIS)--Benzene inventories at shore tanks along eastern China increased to 148,000 tonnes on 18 November, according to ICIS data, as there were more arrivals than consumption. Inventories...
UPDATE: Dutch AkzoNobel, US’ Axalta to merge in all-stock deal
SINGAPORE (ICIS)--Dutch paints and coatings major AkzoNobel and US' Axalta Coating Systems have agreed on an all-stock merger to create a global coatings firm with an enterprise value of around $25...
Dutch AkzoNobel, US Axalta agree on all-stock merger
SINGAPORE (ICIS)--Dutch paints and coatings major AkzoNobel and US' Axalta Coating Systems have agreed on an all-stock merger to create a global coatings firm with an enterprise value of around $25...
India posts record October trade deficit on export slump
SINGAPORE (ICIS)--India's trade deficit swelled to a record high of $41.7 billion in October, as exports slumped by about 12% year on year amid the US’ 50% tariffs on Indian goods. Exports to US...
Researchers Discover New Pathways to Green Hydrogen
An international research team led by the University of Bayreuth has developed an innovative method for producing green hydrogen directly from seawater – without the use of additional reagents. The researchers report their groundbreaking findings
Successful 1000-hour endurance run
Hahn-Schickard, together with partners, has reached an important milestone on the road to scalable, sustainable hydrogen production: the core component of the electrolysis cell, a hydrocarbon-based membrane electrode assembly (MEA) – in technical terminology, the
China duties on US n-propanol imports to continue amid sunset review
SINGAPORE (ICIS)--China will carry out a sunset review of antidumping duties (ADD) on US imports of n-propanol (NPA) from 18 November. In the meantime, the measure will continue to be maintained, the...
Half-months rolled, isomer MX S Korea export prices down on lower talks
SINGAPORE (ICIS)--Isomer grade mixed xylenes (MX) spot export prices from South Korea edged down on 17 November, reflecting weaker discussions. The half-months have been rolled today to exclude H1...
Plant status: China’s Shenghong Refining and Chemical to shut one MEG unit in Dec
SINGAPORE (ICIS)--Here is a plant status report: Name: Shenghong Refining and Chemical Location: Lianyungang, Jiangsu, China Product: Monoethylene glycol (MEG) Capacity (tonnes/year): 1 million Event...
Thailand Q3 GDP growth slows to 1.2% on poor manufacturing, exports
SINGAPORE (ICIS)--Thailand's economy expanded by 1.2% year on year in the third quarter, marking its slowest expansion in four years, weighed by weaker exports and manufacturing output, with outlook...
North America TiO2 contract prices drop in Q4 2025, but signs of demand recovery emerge
HOUSTON (ICIS)--North American Q4 2025 titanium dioxide (TiO2) contracts have settled lower on both the high and low ends of the price range. Prices over the past two years can be seen below. TiO2...
NYMEX: US gas futures lower on higher production and lower LNG feedgas flows
US natural gas futures fell on 17 November following LNG feedgas nomination decreases and increases to production The December 2025 Henry Hub contract on NYMEX settled at $4.361/MMBtu, down nearly...
Global SAF momentum intact despite US tax credit reduction – JM catalyst CEO
NEW YORK (ICIS)--Momentum in sustainable aviation fuel (SAF) investment is continuing even as the US One Big Beautiful Bill Act (OBBBA) reduced tax credits for production, the CEO of Johnson...
CRUDE SUMMARY: Oil prices finish down as Russian export hub re-opens after Ukrainian attack
Major Russian export hub resumes oil exports Concerns of further Ukrainian attacks on Russian infrastructure adds to risk premium Oversupplied market will continue to put ceiling on price increases...
FBMC WEEKLY: Cold snap and strike action in France likely to reduce power exports to Germany in week 47
LONDON (ICIS)--After a week of relatively mild temperatures across central and western Europe, temperatures are set to plunge this week, likely supporting spot prices in the region. French exports to...
Asia to Europe chemical tanker spot rates fall
LONDON (ICIS)--Chemical tanker spot freight rates on Asia to Europe routes decreased in the week ending 14 November compared with the previous week, based on market feedback. ICIS spot chemical...
Transatlantic westbound chemical tanker spot rates stable to lower
LONDON (ICIS)--Chemical tanker spot freight rates on transatlantic (TA) westbound routes were mixed in the week ending 14 November compared with the previous week, based on market feedback. The move...