Industry News
Chemical Industry News
Europe DEG, TEG spot prices fall on weak demand
LONDON (ICIS)--European diethylene glycol (DEG) and triethylene glycol (TEG) spot values were assessed down in the week ending 17 October as demand continues to disappoint. DEG truck values decreased...
EU energy ministers sign off Russian gas phaseout approach, allowing compromise talks to start
EU energy ministers greenlight position on ending Russian fuel imports Trilogue negotiations with European Parliament can now begin to agree final law Council and Parliament propose different...
Europe MEG bulk softens, truck firms amid dull demand, shipping confusion
LONDON (ICIS)--Prices in the European monoethylene glycol (MEG) bulk market were assessed down on 17 October as demand remains dull, but truck prices were assessed up at the low end due to congestion...
Europe LPG prices fall on upstream weakness, propane-naphtha spread little changed
LONDON (ICIS)--European spot prices for liquefied petroleum gas (LPG) cargoes declined into the latter half of October as further crude declines weighed on pricing in spite of reasonable fundamentals...
Indian phosphates buyers look for subsidy clarity before making further purchases
LONDON (ICIS)--Phosphate market activity remains subdued globally, with developments in India, Brazil, the US and Europe likely to be the main factors shaping sentiment in the short term. India...
France’s CRE launches consultation on Elengy proposal for LNG virtual reverse flow service
Proposed service allows exchange of gas for LNG The service could bring more liquidity to French trucked LNG sector Small capacity for service mean regasification activity should not be impacted...
German caustic soda ECU contract margins fall in week ending 17 October, energy costs rise
LONDON (ICIS)--Average German membrane electrochemical unit (ECU) contract margins fell in the week ending 17 October, as electricity costs increased. The electrochemical unit (ECU) value rose, with...
Poland’s second FSRU project at Gdansk enjoys strong market interest
Poland has rehashed plan on second FSRU at Gdansk following market survey indicating strong demand Survey showed almost half of the regasified LNG for the terminal would be exported to CEE countries...
Europe MPG spot prices stable on mixed sentiment
LONDON (ICIS)--Prices in the European monopropylene glycol (MPG) spot market remained steady in the week ending 17 October. The premium for MPG USP (pharmaceutical-grade) over MPGI...
All stirred up: chemical engineers refute claims that ‘stirring doesn’t matter’
Failing to mix reactions in heterogeneous or industrial systems could cause numerous issues and might even be dangerous, preprint claims
Neural network trained to classify crystal structure errors in MOF and other databases
Study serves as a reminder that machine learning models are only as good as the data they are trained on
AI tools tackle paper mill fraud overwhelming peer review
With more article submissions and fraudulent activity than ever before, journal peer review processes are creaking under the pressure. Nina Notman discovers how AI and automated tools are taking some of the strain
Plant status: China’s Zibo Xintai to shut Group II base oil unit in late Oct
SINGAPORE (ICIS)--Here is a plant status report: Name: Zibo Xintai Petrochemical Location: Zibo, Shandong, China Product: Group II base oils Capacity (tonnes/year): 200,000 Event start: 21-25 October...
East Med PP prices softer on slow seasonal demand
BEIRUT (ICIS)--Polypropylene (PP) prices followed a soft direction in the East Mediterranean (East Med) markets in the week ended 17 October for both homopolymer and block co-polymer material,...
Plant status: China’s Sinopec Shanghai to shut BD units on planned maintenance
SINGAPORE (ICIS)--Here is a plant status report: Name: Sinopec Shanghai Petrochemical Location: Jinshanwei, Shanghai, China Product: Butadiene (BD) Capacity (tonnes/year): 53,000 (No 1), 58,000 (No...
India PE trade muted ahead of Diwali as sentiment remains under pressure
MUMBAI (ICIS)--Spot activity in India’s polyethylene (PE) market tapered off during the week ending 17 October amid slowdown in business ahead of the Diwali holidays next week. The absence of fresh...
China BPA average plant run rate falls further to 70.6% on operational cut
SINGAPORE (ICIS)--China’s bisphenol A (BPA) plants posted an average run rate at 70.6% in the week ended 17 October 2025, down by three percentage points from the last reporting period, ICIS data...
Plant status: China’s Ningxia Jiuhong shuts oxo-alcohols plant
SINGAPORE (ICIS)--Here is a plant status report: Name: Ningxia Jiuhong Location: Ningxia, China Product: N-butanol (NBA) & Isobutanol & 2-ethylhexanol (2-EH) Capacity (tonnes/year): 100,000...
Plant status: China’s Anqing Shuguang shuts No 1 oxo-alcohols plant
SINGAPORE (ICIS)--Here is a plant status report: Name: Anqing Shuguang Location: Anhui, China Product: N-butanol (NBA) & 2-ethylhexanol (2-EH) Capacity (tonnes/year): 120,000 & 100,000 Event...
Middle East PVC sentiment weak amid ample supply, slow demand
MUMBAI (ICIS)--Polyvinyl chloride (PVC) market sentiment in the Gulf Cooperation Council (GCC) and East Mediterranean (East Med) regions remained weak in the week ended 17 October 2025 amid slow...