Industry News
Chemical Industry News
CHINAPLAS ’24: China’s March PP exports record new high
SHANGHAI (ICIS)--China’s polypropylene (PP) exports in March 2024 rose by 87% month on month to 315,452 tonnes, according to ICIS Supply & Demand Database. On a year-on-year basis, the exports...
China’s average 2-EH plants run rate falls to 82%
SINGAPORE (ICIS)--China’s 2-ethylhexanol (2-EH) plants posted an average run rate at 82% in the week ended 25 April 2024, according to ICIS data. The rate was down by one percentage point from the...
Plant status: Taiwan’s LCY Chem eyes IPA turnaround in H2 May
SINGAPORE (ICIS)--Here is a plant status report: Name: LCY Chemical Location: Lin Yuan, Taiwan Product: Isopropanol (IPA) Capacity (tonnes/year): 100,000 Event start: H2 May 2024 Event finish: Around...
China’s March PP imports up 29.9% MoM and down 9.2% YoY
SINGAPORE (ICIS)--China’s polypropylene (PP) imports in March 2024 rose by 29.9% month on month to 310,677 tonnes, according to the ICIS Supply & Demand Database. On a year-on-year basis, the...
East China MEG inventories rise 7.4% to 871,000 tonnes
SINGAPORE (ICIS)--Monoethylene glycol (MEG) inventories in east China increased to 871,000 tonnes, ICIS data showed on 26 April. The inventories were up by around 7.4% from last Friday. The daily...
Plant status: S Korea’s Aekyung Petrochemical to conclude PA maintenance
SINGAPORE (ICIS)--Here is a plant status report: Name: Aekyung Petrochemical Location: Ulsan, South Korea Product: Phthalic anhydride (PA) Capacity (tonnes/year): 50,000 Event start: 7 April 2024...
Asia spot TiO2 prices edge lower, continuing downtrend
SINGAPORE (ICIS)--Titanium dioxide (TiO2) spot indicative prices in Asia were lower on average so far on Friday. One sell indication was about $2,450/tonne FOB (free on board) China, some $50/tonne...
Plant status: Malaysia’s Lotte Chemical Titan to shut BD plant amid cracker turnaround
SINGAPORE (ICIS)—Here is a plant status report: Name: Lotte Chemical Titan Location: Pasir Gudang, Malaysia Product: Butadiene (BD) Capacity (tonnes/year): 100,000 Event start: Late April 2024...
Plant status: Malaysia’s PRefChem may restart BD plant in May
SINGAPORE (ICIS)—Here is a plant status report: Name: Pengerang Refining and Petrochemical (PRefChem) Location: Pengerang, Johor, Malaysia Product: Butadiene (BD) Capacity (tonnes/year): 185,000...
This salt battery harvests osmotic energy where the river meets the sea
Estuaries — where freshwater rivers meet the salty sea — are great locations for birdwatching and kayaking. In these areas, waters containing different salt concentrations mix and may be sources of sustainable, “blue” osmotic energy.
US Eastman Q1 earnings beat expectations, sees better demand from end-markets
HOUSTON (ICIS)--Eastman saw its Q1 earnings surge on better volumes, on-spec production and revenue from its Kingsport methanolysis facility, and as costs fell faster than sales, the specialty...
P-series glycol ethers spot pricing drops as upstream prices plunge; slight E-series price change
HOUSTON (ICIS)--Spot prices of P-series glycol ethers declined moderately in April, as prices of a key feedstock dropped considerably in the past several weeks. Increasing propylene supply after a...
New mechanism identified that is potentially linked to very early stages of Alzheimer’s
Understanding role of fragments of amyloid protein could lead to novel therapies for the disease
BASF with solid start to the year
BASF got off to a solid start in 2024. Sales in the first quarter of 2024 amounted to €17.6 billion, €2.4 billion below the figure of the prior-year quarter. This decline in sales was mainly driven by
Structural disorder key to high-capacitance carbon electrodes
Finding could lead to supercapacitors that store more charge
“Best CO2 Utilisation 2024” innovation prize awarded
230 participants from 27 countries worldwide joined the innovation award ceremony at the CO2-based Fuels and Chemicals Conference 2024 in Cologne, Germany, and online. Renowned as one of the premier global events for the entire
Bacteria for climate-neutral chemicals of the future
Researchers at ETH Zurich have engineered bacteria in the laboratory to efficiently use methanol. The metabolism of these bacteria can now be tapped into to produce valuable products currently made by the chemical industry from
Start-up Polytives starts a partnership with Nordmann
Polytives GmbH begins a partnership with the multinational chemical distributor Nordmann in Europe, Turkey and the UK in the field of high-performance polymer additives. Polytives develops and supplies patented, innovative polymer additives for the plastics
European gas grids switch to storage withdrawals on April cold spell
Some European grids have switched back to withdrawals below-normal April temperatures Rising prompt prices on cold weather geopolitical tensions incentivised withdrawals Traders are awaiting higher...
China’s March NBA imports fall to 6,512 tonnes
SINGAPORE (ICIS)--China imported a total of 6,512 tonnes of n-butanol (NBA) in March 2024, decreasing by 75.2% month on month, according to the ICIS Supply and Demand Database. On a year-on-year...