Industry News
Chemical Industry News
BLOG: The illusion of protection: Why Europe needs more than ADDs to compete
SINGAPORE (ICIS)--Click here to see the latest blog post on Asian Chemical Connections by John Richardson. The European Chemicals Industry Is at a Crossroads High energy and feedstock costs....
Plant status: China’s Shandong Yulong shuts PBR plant for maintenance
SINGAPORE (ICIS)--Here is a plant status report: Name: Shandong Yulong Petrochemical Location: Longkou, Shandong, China Product: Polybutadiene Rubber (PBR) Capacity (tonnes/year): 150,000 Event...
Plant status: China’s Sinochem Quanzhou shuts cracker
SINGAPORE (ICIS)--Here is a plant status report: Name: Sinochem Quanzhou Location: Quanzhou, Fujian, China Product: Ethylene; propylene Capacity (tonnes/year): 1 million for ethylene; 500,000 for...
India LAB producers hike domestic offers again for Dec after brief U-turn
SINGAPORE (ICIS)--Producers of linear alkylbenzene (LAB) in India hiked domestic offers for December cargoes this week, after a brief U-turn in November where they took offers down for the first time...
Plant status: China’s Shenghong Refining and Chemical shuts one MEG unit
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...
US to lower fuel efficiency standards for autos
HOUSTON (ICIS)--The US is starting the process to lower fuel efficiency standards for automobiles from the elevated levels set by the previous administration, the US president said on Wednesday. The...
US November ’25 acrylic acid and acrylate contract prices unchanged from October
HOUSTON (ICIS)--November contract prices of US glacial acrylic acid (GAA) and acrylate esters are unchanged from October 2025. Demand continues to be weak due to decreased use in key sectors for...
NYMEX: US gas prices trade at three-year highs
Front-month US natural gas futures climbed further on 3 December, reaching a new multi-year high due to the freezing weather outlook for some regions The January Henry Hub contract on NYMEX settled...
Plant status: SABIC declares force majeure on LDPE from Wilton, UK, after power failure
HOUSTON (ICIS)--Here is a plant status report: Name: SABIC Location: Wilton, UK Product: low density polyethylene (LDPE) Capacity (tonnes/year): 400,000 Event start: 3 December 2025 Event finish: not...
Letraset’s transfers and placing precision back on the drawing board
Professional lettering with a few rubs of a ballpoint pen
Bottleable group 14 isonitrile a synthetic first
Highly bulky aryl ligand made isolation of germanium isonitrile possible
Eurozone private sector momentum rallies in November
LONDON (ICIS)--Eurozone private sector momentum gained pace month on month in November, hitting a two-and-a-half-year high as new business volumes remained strong. The eurozone composite purchasing...
Tampa ammonia contract price settles at rollover for December as supply tightness eases
LONDON (ICIS)--The US Tampa ammonia contract price has been settled for December at $650/tonne CFR (cost and freight). The price, agreed between contract partners Yara and Mosaic, represents a...
CRUDE OUTLOOK: Crude benchmarks expected to decline in Q1 amid supply glut worries
ICIS (LONDON)--Benchmark crude prices are expected to decline in Q1 2026 amid persistent oversupply concerns. ICIS forecasts that the front month Brent contract will average $63/barrel in January,...
Europe PMMA price falls in Q4
LONDON (ICIS)--European polymethyl methacrylate (PMMA) prices fell €0.08/kg in Q4 as very low demand and import competition continued to bite. A range of price movements was heard for Q4. While at...
TTF discount to Asia price widens on reduced weather risk, rising LNG shipping rates
TTF sheds winter risk premium as on mild December forecasts, LNG supply growth Growing US supply, higher shipping rates supportive of TTF discount to EAX TTF Curve backwardation may drive elevated...
China domestic MLLDPE prices weighed down by ample supply, poor demand
SINGAPORE (ICIS)--Metallocene linear low-density polyethylene (MLLDPE) prices in China's domestic market continue to be weighed down by poor demand and ample availability. Locally-produced...
Europe PMMA consumption expected to crater in 2025
LONDON (ICIS)--European polymethyl methacrylate (PMMA) consumption will fall considerably from 2024 levels in 2025, alongside a similar drop in imported volumes, according to ICIS trade and...
TTF discount to Asia price widens on reduced weather risk, rising shipping rates
TTF sheds winter risk premium as on mild December forecasts, LNG supply growth Growing US supply, higher shipping rates supportive of TTF discount to EAX TTF Curve backwardation may drive elevated...
Plant status: China’s Shandong Hualu Hengsheng shuts adipic acid plant
SINGAPORE (ICIS)--Here is a plant status report: Name: Shandong Hualu Hengsheng Location: Dezhou, China Product: Adipic acid (ADA) Capacity (tonnes/year): 80,000 Event start: 29 November Event...