Industry News
Chemical Industry News
S Arabia’s Sadara Chem Q3 net loss widens on poor sales volumes, prices
SINGAPORE (ICIS)--Sadara Chemical's Q3 net loss widened on the back of lower sales volumes, Sadara Basic Services said in a stock exchange filing on 11 November on behalf of its parent firm. in Saudi...
SE Asia PE pipe import prices stable to soft on deals and offers
SINGAPORE (ICIS)--Polyethylene (PE) pipe grade import price discussions in southeast Asia were stable to soft in the current week, reflecting deals and offers. In Vietnam, deals and offers for black...
China PE pipe prices softer, reflecting deals and offers
SINGAPORE (ICIS)--Polyethylene (PE) pipe grade import prices in China were softer during the current week, reflecting deals and offers. In the China import market, deals and offers for PE pipe black...
Thailand’s IVL to invest $20m in rPET JV with Jiaren Chemical Recycling
SINGAPORE (ICIS)--Thailand-listed polyester major Indorama Ventures Ltd (IVL) is establishing a joint venture with Jiaren Chemical Recycling that will see IVL taking a stake in the Chinese firm's...
NYMEX: Henry Hub front month settles at multiyear high
Front-month US natural gas futures closed at the highest point in more than three years on 11 November amid hints that cooler-than-average weather would return as US LNG feedgas demand hit new...
Brazil’s Braskem shares shoot up on Novonor stake potential sale, Q3 financials still woeful
SAO PAULO (ICIS)--Braskem’s third-quarter financial metrics continued to suffer, year on year, as the Brazilian polymers major was still hit by the years-long downturn in polymers, but its share...
US Oct auto sales fall to lowest seasonally adjusted rate in 15 months as EV sales plunge
HOUSTON (ICIS)--Sales of new light vehicles in October fell to the lowest level in 15 months, pressured lower by a steep decline in sales of battery electric vehicles (BEVs) following the end of EV...
CRUDE SUMMARY: Oil prices up as US sanctions on Russian crude bite
Russian oil firm invokes force majeure at Iraqi oil field Pressure will continue to build on Russia if US persists with aggressive sanction implementation Latest US inventory numbers will be released...
Brazil chemicals sales up in 2025 but deficit up to new high on relentless cheaper imports
SAO PAULO (ICIS)--Brazil's chemical industry closed 2025 with net revenue of $167.8 billion, up 2.9% year on year, but pressure coming from competitive imports pushed the sector's trade deficit to a...
BASF starts up new automotive coatings plant in Germany
LONDON (ICIS)--BASF has started up a new automotive OEM coatings plant at its existing coatings production site in Munster, Germany. The plant produces colors that currently represent the majority of...
German caustic soda ECU contract margins rise in week ending 7 November, energy costs slightly lower
LONDON (ICIS)--Average German membrane electrochemical unit (ECU) contract margins rose in the week ending 7 November, on the back of lower electricity costs. The electrochemical unit (ECU) value...
European BD export prices slide on Asia downturn; local demand remains lackluster
LONDON (ICIS)--The European butadiene (BD) mood has become gloomier in November as prices in Asia reach multi-year lows, resulting in lower European export prices. Export opportunities towards Asia...
AI-designed antibodies target antigens with atomic precision
Epitope-binding proteins designed from scratch by generative AI model
Just 29% of the UK public have a personal interest in R&D
Survey results suggest ‘broad but shallow’ public support for research sector
Europe VAM supply long, little impact from planned turnarounds
LONDON (ICIS)--November contract talks continue on the European vinyl acetate monomer (VAM) market amid steady market conditions. Supply of VAM remains long despite planned turnarounds at key...
South African Lawsuit challenges Sasol’s ethylene monopoly
Plastics producer Safripol says high prices mean it can’t compete with imported materials
China Oct vehicles sales grow 8.8% on year to 3.32 million units
SINGAPORE (ICIS)--China’s vehicles markets continued robust trend in October, with sales rising by 8.8% on year to 3.32 million and production up by 12.1% to 3.36 million, data from China...
China’s October phenol, acetone combined output rises 3.68% month on month
SINGAPORE (ICIS)--China’s combined output of phenol and acetone were up by 3.68% month on month to 754,700 tonnes in October 2025, due to stable operation of most units. A total of 468,500 tonnes...
S Korea benzene exports in early Nov up on month – sources
SINGAPORE (ICIS)--South Korea exported some 92,799 tonnes of benzene in the first 10 days of November, according to sources familiar with the market. For the first 10 days of October, South Korea had...
ICIS TTF Early Day assessments: 11 November 2025
- Brent crude softened during the Asian trading hours as the market focused on the risk of oversupply and lower global demand. Russian supply risk, magnified by recent wave of US sanctions on...