Industry News
Chemical Industry News
Japan’s Chiyoda Corp awarded contract for Taiyo Oil SAF facilities
SINGAPORE (ICIS)--Chiyoda Corporation has been awarded a contract by Taiyo Oil for installing sustainable aviation fuel (SAF) production facilities at the company's Okinawa production site, the...
Plant status: China’s Sinopec Guangzhou shuts cracker for maintenance
SINGAPORE (ICIS)--Here is a plant status report: Name: Sinopec Guangzhou Petrochemical Location: Guangzhou, Guangdong, China Product: Ethylene, propylene Capacity (tonnes/year): 260,000 for ethylene...
Plant status: S Korea’s Lotte Chem to cut EVA output in Nov 2025
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...
S Korea Q3 economy grows 1.7% year on year on spending, semiconductor exports
SINGAPORE (ICIS)--South Korea's economy grew by 1.7% year on year in the third quarter, the central bank’s data showed on Tuesday. Semiconductor exports, government aid bolster GDP growth US trade...
Taiwan’s CPC Corp to skip toluene spot sell tender for December
SINGAPORE (ICIS)--Taiwan’s CPC Corp is likely to skip its tender to export spot toluene for December loading from Kaohsiung as it shifts focus towards fresh term negotiations ahead. Discussions are...
China Sep benzene imports fall on reduced arrivals from South Korea and Europe
SINGAPORE (ICIS)--China's imports of benzene (HS code 29022000 and 27071000) in September 2025 reached 455,043 tonnes, down by 2.5% month on month, according to the ICIS Supply & Demand...
ICIS Analyst View: China Market Outlook: October 2025
Key takeaways Strong domestic production and accelerating pipeline imports are weighing on spot LNG demand despite seasonal heating demand. Industrial demand remains soft — construction-linked...
LNG industry demand for flexibility driving latest Panama Canal policies
LNG industry asking for more flexibility in canal slot auctions, ACP says Efforts to add certainty to canal crossings failed to increase LNG traffic in 2025 First six-month cycle begins in January...
US Olin swings to Q3 net income, beats guidance
HOUSTON (ICIS)--US-based chlor-alkali and epoxy resin producer Olin swung to a Q3 net income, exceeding its previous guidance. Q3 adjusted earnings before interest, tax, depreciation and amortization...
NYMEX: US gas futures gain as Midwest and Northeast temperatures cool down
Front-month US natural gas rose on 27 October, despite a dip in US LNG feedgas nominations The November Henry Hub contract on NYMEX settled at $3.442/MMBtu, up nearly 4.2% from the previous session...
Brazil, Mexico tariffs talks with US progressing after Presidents’ direct talks
HOUSTON (ICIS)--Brazil and Mexico have made progress in the past few days regarding the US import tariffs on the two countries’ goods after the Presidents of the three countries held direct talks....
Transforming toxic arsenic sludge into a valuable commodity for green technologies, electronics
A simple process extracts valuable pure arsenic metal from groundwater treatment waste
A brief intro to altermagnetism
Experiments only directly confirmed the existence of this type of magnetic material last year but it’s already making waves
Magnetic spin waves could slash computer energy consumption
Researchers are developing magnonic processors that use magnetic spin waves instead of electric current to process data. Rachel Brazil discovers how it could potentially reduce energy consumption by 90% and offer new possibilities for neuromorphic
Plant status: S Korea’s SK picglobal to shut down HPPO plant in early Nov
SINGAPORE (ICIS)--Here is a plant status report: Name: SK picglobal Location: Ulsan, South Korea Product: Propylene oxide (PO) Capacity (tonnes/year): 130,000 Event start: Early November 2025 Event...
China acetic acid run rate higher on operational ramp-up
SINGAPORE (ICIS)--China acetic acid plants’ average run rate rebounded to 79% in the week ended 24 October, up by 1 percentage point from the previous week as Huayi Caojing raised rate to 80%, ICIS...
Plant status: Iran’s ICIIC delays new LAB line start-up to Q2 2026
SINGAPORE (ICIS)--Here is a plant status report: Name: Iran Chemical Industries Investment Co (ICIIC) Location: Esfahan, Iran Product: Linear alkylbenzene (LAB) Capacity (tonnes/year): 70,000 Event...
Saudi Kayan Q3 net loss widens on lower prices
SINGAPORE (ICIS)--Saudi Kayan reported a widened net loss for the third quarter, driven primarily by a drop in average product prices, despite an increase in sales volumes, the Saudi producer said on...
China industrial profits gain 21.6% in Sept, fastest since Nov 2023
SINGAPORE (ICIS)--Profits generated by Chinese industrial firms increased 21.6% on year in September, the largest gain since November 2023, data from the National Bureau of Statistics (NBS) showed on...
Asia BDO sees limited demand uplift, lack of deep-sea trade
SINGAPORE (ICIS)--The Asia 1,4-butanediol (BDO) market has seen prices holding relatively stable, although there has been a slight decrease in the domestic China market recently. Softer upstream...