Industry News
Chemical Industry News
India’s PVC per capita consumption has ample room for growth
MUMBAI (ICIS)--India’s polyvinyl chloride (PVC) consumption per capita has plenty of growth potential in the years to come, according to Akshat Seth, managing director and CEO of BirlaNu, who was...
China’s carbide PVC producers increasingly squeezed by regulations
MUMBAI (ICIS)--China's carbide polyvinyl chloride (PVC) producers will face challenges in profitability and production due to increased regulations, according to Ian Sun, sales director of PVC...
EU BPA spot jumps to highest since mid-2024 on cost surge
LONDON (ICIS)--Europe bisphenol A (BPA) spot prices have climbed this week, taking prices to the highest since July 2024, as the spike in production costs is putting a floor under price levels....
Europe April BPA formula contract prices climb on cost spike
LONDON (ICIS)--Europe April bisphenol A (BPA) formula contract prices have risen by 15% month on month, taking it to the highest level since June 2024, amid the upstream cost surge. The latter is...
Italy’s Eni to take stake in Canada graphite and battery materials business
TORONTO (ICIS)--Italian energy and petrochemicals major Eni is investing $70 million for an 11.5% stake in Canada’s Nouveau Monde Graphite (NMG), it said on Friday. NMG operates in the natural...
India’s caustic soda exports to increase once major capacity expansions commence
MUMBAI (ICIS)--Caustic soda producers in India will likely lean towards exports as upcoming production expansions are outpacing local consumption, according to market players on the sidelines of the...
Europe truck prices for acetone continue climb in tight market
LONDON (ICIS)--Europe's spot truck acetone prices jumped again this week as the ongoing tightness in the market kept offers and sales at high levels. Feedstock costs for April have also rocketed....
Higher benzene costs drive European April phenol contract hikes
LONDON (ICIS)--April phenol contracts have increased by €289/tonne on the back of the huge jump in feedstock benzene costs for the month, the reimplementation of an energy surcharge – and a small...
Canada adds 14,000 jobs in March, following big Jan-Feb loss
TORONTO (ICIS)--After losing a cumulative 109,000 jobs in the first two months of 2026, Canada’s economy added 14,000 jobs in March, according to data by federal agency Statistics Canada...
Mutares building integrated automotive portfolio with Magna acquisitions, SABIC ETP deal
NEW YORK (ICIS)--Special situations private equity firm Mutares has agreed to buy Magna’s European automotive lighting business and its car top systems business. Along with its pending acquisition...
Chile’s inflation up to 2.8% in March on surging transport, education costs
SAO PAULO (ICIS)--Chile's annual rate of inflation rose in March to 2.8%, up from 2.4% in February, as transport and education costs surged during the month, national statistics agency INE said this...
ICIS POWER INSIGHT WEEK 15 NEWS IN BRIEF
This news summary was generated via Ask ICIS LONDON (ICIS)--Please find below a short summary of the key power stories ICIS published in week 15. Germany’s climate protection program could lower...
WEEKLY GAS OUTLOOK: US-Iran negotiations outcome could drive European gas prices in week 16
LONDON (ICIS)--Six weeks into the Middle East conflict, the US and Iran are expected to hold talks that could result in a peace deal during the weekend, with a two-week ceasefire announced on 8 April...
Westlake Epoxy seeks mid-April price increases for Americas BPA
HOUSTON (ICIS)--Westlake Epoxy is seeking price increases on its bisphenol A (BPA) in the Americas, effective 15 April, according to a customer letter seen by ICIS. The company is seeking to raise...
Westlake Epoxy seeks mid-April price increases for Americas epoxy resins
HOUSTON (ICIS)--Westlake Epoxy is seeking price increases on its liquid epoxy resins (LER) and solid epoxy resins (SER) in the Americas, effective 15 April, according to a customer letter seen by...
VIDEO: Europe rPET continues to see price rises during April
LONDON (ICIS)--Senior Editor for Recycling, Matt Tudball, discusses the latest developments in the European recycled polyethylene terephthalate (rPET) market, including: Further flake, food-grade...
US consumer sentiment falls on Iran war impacts, inflation expectations jump
HOUSTON (ICIS)--US consumer sentiment fell nearly 11% in April, continuing a decline that began with the start of the US-Iran war on 28 February, the University of Michigan said in its preliminary...
GAS ALERT: Bulgartransgaz to procure LNG for technical needs
LONDON (ICIS)--Bulgarian gas grid operator Bulgartransgaz has issued a buy tender for 1,500,000MWh of LNG, equivalent to about 1.5 LNG cargoes, for delivery from July 2026 to September 2027,...
Iran ceasefire is the start of a long recovery process
Conflict’s impact on global energy and chemicals supply chains will take significantly longer to resolve
Biomedical researchers lose US citizenship over trade secrets theft
Chinese-born couple denaturalised after convictions for attempting to profit from stolen intellectual property relating to exosome isolation