Industry News
Chemical Industry News
WEEKLY POWER OUTLOOK: Balkan heat to support Hungary as western Europe temperatures ease
Swiss Beznau nuclear plant shuts as Aare river hit 25°C Easing temperatures to lower French nuclear curtailment risk Persistent Balkan heat to support Hungarian power prices LONDON...
US consumer sentiment improves as gasoline prices moderate
HOUSTON (ICIS)--US consumer sentiment improved from May to June as gasoline prices have moderated, the University of Michigan said in its final June consumer report on Friday. However, sentiment...
Middle East Group III base oils prices continue up on a dearth of onshore supply
SINGAPORE (ICIS)--Group III ex-tank UAE prices for 6cSt base oils were heard to have trended higher as base oils supply in the UAE dries up, according to market participants on the sidelines of the...
THE-TTF premium eases after Hormuz risk unwinds
THE prompt and Month+1 premiums remain far below February levels Winter ’26 and Year 2027 spreads retreat from March highs Q1 ’27 keeps a firm risk premium FRANKFURT (ICIS)--The German THE...
Anthony Fauci subpoenaed to face accusations on Covid origins that may become test of Biden pardon
Former adviser to Trump administration during Covid-19 called to testify to influential Senate panel
Tentative US–Iran deal partially re-opens Gulf shipping
Significant uncertainty remains, and plants will need specialist teams and equipment to restart
ICIS TTF Early Day assessments: 26 June 2026
- A substation trip at Train 1 of Indonesia's 11.4mtpa Tangguh LNG earlier this month has shut operations from 4 June to sometime in July, the Ministry of Energy and Mineral Resources said in a...
Europe oxo-alcohol spot prices edge lower amid weak sentiment
LONDON (ICIS)--European oxo-alcohol spot prices continued to soften this week, with previously elevated levels no longer considered workable across all grades. Isobutanol (IBA) spot pricing declined...
Japan’s ENEOS nominates Jul benzene contract at $900/tonne
SINGAPORE (ICIS)--Japan’s ENEOS Corp has nominated its July Asia contract price (ACP) for benzene at $900/tonne, a company source said. The nomination is lower than the June ACP at $1,070/tonne....
Strands of investigation
LC–MS/MS techniques applied to hair can provide some answers when other analytical techniques aren’t possible
Clever chemistry turns antibiotic-resistant bacteria’s own defences against them
Photosensitiser is activated by enzyme linked to resistance, making bacteria vulnerable to light therapy
PODCAST: Sale of stockpiles explains China’s massive wartime export boost
BARCELONA (ICIS)--From March to May, China exported record amounts of chemicals despite falling production as companies work through huge inventories built up over the past few years. China chemicals...
Plant status: Saudi Arabia’s IVC restarts VAM unit
SINGAPORE (ICIS)--Here is a plant status report: Name: International Vinyl Acetate Company (IVC) Location: Al Jubail, Saudi Arabia Product: Vinyl acetate monomer (VAM) Capacity (tonnes/year): 330,000...
Plant status: China’s Fujian Gulei to restart MEG unit in mid-July
SINGAPORE (ICIS)--Here is a plant status report: Name: Fujian Gulei Petrochemical Location: Fujian, China Product: Monoethylene glycol (MEG) Capacity (tonnes/year): 700,000 Event start: 28 February...
Plant status: India’s RIL eyes Dahej PTA unit restart end June
SINGAPORE (ICIS)--Here is a plant status report: Name: Reliance Industries Limited (RIL) Location: Dahej, India Product: Purified terephthalic acid (PTA) Capacity (tonnes/year): 1.3 million Event...
China major producers’ polyolefin inventories continue falling amid destocking
SINGAPORE (ICIS)--The combined polyethylene (PE) and polypropylene (PP) inventories of Chinese state-owned petrochemical giants Sinopec and PetroChina continued falling as producers actively sold...
S Korea’s LG Chem investing $9.7bn in R&D on advanced materials sectors
SINGAPORE (ICIS)--South Korea’s LG Chem is planning to invest won (W) 15 trillion won ($9.7 billion) in research and development through to 2035 as part of its efforts to transition into a...
TTF gas and Brent crude: risks and opportunities in two of the world’s most traded energy markets as Hormuz Strait reopens
Words by Eloise Radley, Ajay Parmar, Ed Cox, Alex Froley, Rob Dalton, Ed Lane, Clare Pennington, Christopher Rene and Ghassan Zumot. Images by James Riley and Andrea Battaglia London (ICIS)----Dutch...
Plant status: China’s Zhejiang Xingxing to shut MTBE plant for maintenance
SINGAPORE (ICIS)--Here is a plant status report: Name: Zhejiang Xingxing Location: Jiaxing, Zhejiang, China Product: Methyl tertiary butyl ether (MTBE) Capacity (tonnes/year): 600,000 Event start: 30...
Like a miniature lunar rocket: Researchers develop modular nanorobot
A team at the University of Basel has developed a versatile nanorobot with propulsion and payload modules. The two reusable modules autonomously self-assemble and could be used in medicine or industry. Nanorobots sound like science