Industry News
Chemical Industry News
INSIGHT: Arb headwinds, dour fundamentals to colour NEA C2 2026 term talks
XI’AN (ICIS)--With the US-China trade relationship taking yet another battering with a new round of tit-for-tat tariffs, the 2025 Enmore Contract Season trade conference starting this week in...
Plant status: China’s Tianjin Bohai Chemical Group shuts PDH plant
SINGAPORE (ICIS)--Here is a plant status report: Name: Tianjin Bohai Chemical Group Location: Tianjin, China Product: Propylene Capacity (tonnes/year): 600,000 Event start: 13 October 2025 Event...
NYMEX: US gas futures rise on tighter production, despite dip in feedgas demand
US natural gas futures climbed on 13 October on tighter production, despite reduced feedgas demand to some LNG plants The November ’25 front-month contract settled at $3.118/MMBtu, up less than 1%...
‘Air pocket’ for 2026 commodity chem profit estimates, but positive catalysts for Olin – KeyBanc
NEW YORK (ICIS)--2026 earnings per share (EPS) estimates for US-based commodity chemical companies are likely still much too high with little signs of a demand recovery amid lingering overcapacity,...
Energy transition shifts to ‘energy addition’ – Aramco CEO
NEW YORK (ICIS)--The global energy transition theme is shifting to one of “energy addition”, said the CEO of Saudi Aramco. “Much of the promised progress has not been delivered, with many...
Brazil’s PET recyclers slash output amid demand collapse
SAO PAULO (ICIS)--Polyethylene terephthalate (PET) recyclers in Brazil are separately reducing operating rates in October due to weaker-than-expected demand, as widely available and low-cost virgin...
CRUDE SUMMARY: Oil prices higher on prospect of US-China meeting
Prospect of Trump-Xi meeting later this month boosts sentiment China’s September crude imports up 3.9% over the year OPEC monthly report highlights dwindling supply deficit next year LONDON...
US economists more upbeat on growth but tariffs still downside risk – NABE
SAO PAULO (ICIS)--US economic growth forecasts have been revised upward while downside risk perceptions have declined significantly, according to the latest economic outlook survey by the National...
INSIGHT: Mexico’s Sheinbaum breaks political standards in plan to fix Pemex, but timeline too optimistic
SAO PAULO (ICIS)--Mexican President Claudia Sheinbaum is aiming to address the challenges facing state-owned oil company Pemex early in her tenure, but her administration may be optimistic in...
APLA ’25: Latin America petrochemicals downturn reaches debt crisis point
SAO PAULO (ICIS)--Latin American petrochemicals producers continue facing pressure and the crisis has hit the region’s largest producer Braskem, currently exploring options for its financial...
FBMC WEEKLY: Low wind set to keep spot prices elevated in week 42
LONDON (ICIS)--Low wind output across most of the flow-based market coupling (FBMC) region is expected to be the key driver keeping spot prices bullish, which could be further amplified by dry...
Serbia’s new Russian gas deal up in the air amid sanctions crisis
Russia’s Gazprom offers Serbia extension to current gas deal until New Year in place of new contract Russia threatening gas supply for leverage amid NIS-Gazprom sanctions tension – Serbian...
The molecular mechanisms behind cell cognition
Condensate formation is central to how budding yeast cells decide their response to environmental and internal conditions
Coblentz’s infrared spectrometer and the overlooked power of vibrations
Vibrational spectroscopy’s intuitive insight into molecular structure was initially shunned by chemists
INEOS to close two Rheinberg plants as Europe’s chemical industry hits breaking point
INEOS has confirmed its intention to shut two production units in Rheinberg, Germany, with the loss of 175 jobs. The proposed closures are the direct result of crippling energy and carbon costs, and a lack
S Korea trade commission investigates butyl acrylate dumping from China
SINGAPORE (ICIS)--On 29 September, the Korea Trade Commission (KTC) pushed out a notice of initiation of dumping and injury investigation into butyl acrylate (butyl-A) originating from China. Injury...
China September PP output falls on plants shutdown
SINGAPORE (ICIS)--China’s polypropylene (PP) output in September fell by 5.8% month on month to around 3.19 million tonnes, due to plants shutdown, ICIS data showed. On a year-on-year basis,...
Plant status: Qatar’s Mesaieed LDPE production lines to shut for maintenance
DUBAI (ICIS)--Here is a plant status report: Name: Qatar Petrochemical Location: Mesaieed, Qatar Product: Low-density polyethylene (LDPE) Capacity (tonnes/year): Three lines to be shut (230,000 +...
S Korea 1-10 Oct PX exports up 33.6% month on month due to plant restart
SINGAPORE (ICIS)--South Korea exported a total of around 141,302 tonnes of paraxylene (PX) during the period 1-10 October, up by 33.6% compared with the same period in the previous month, according...
Plant status: Qatar’s Q-Chem I & Q-Chem II to shut HDPE units for maintenance
DUBAI (ICIS)--Here is a plant status report: Name: Qatar Chemical (Q-Chem), Qatar Chemical II (Q-Chem II) Location: Mesaieed, Qatar Product: High-density polyethylene (HDPE) Capacity (tonnes/year):...