Industry News
Chemical Industry News
UK Q2 energy price cap falls quarterly and year on year amid lower wholesale prices, shift of policy costs to taxation
By Anna Coulson and Ethan Tillcock UK energy price cap for April-June set at £1,641 for an average household This has fallen £117 from the Q1 cap and is £208 lower year on year, driven
Plant status: Nigeria’s Dangote PP plant to resume production early March at latest – sources
LONDON (ICIS)--Here is a plant status report: Name: Dangote Industries Location: Lekki, Lagos, Nigeria Product: Polypropylene (PP) Capacity (tonnes/year): 830,000 Event start: January Event finish:...
Golar’s FLNG units on track for Argentina start in H2 2027 and 2028
FLNG Hilli and MKII on track for start in second half 2027 and 2028 Dedicated Vaca Muerta pipeline supplying feedgas on track for 2028 completion Golar will order fourth FLNG when long-term charter...
Germany chemical producer prices continue to fall in January
LONDON (ICIS)--Chemical producer prices in Germany fell by 1.3% year on year in January, marking a 10th consecutive decline, according to statistical data. Year-on-year change from January 2025 to...
As a first-generation student, I didn’t have a clue what I was doing
And that brought challenges and unexpected opportunites
Royal Society asks for help as it unveils interactive UK map charting memorialisation of women in science
Locations, landmarks and monuments dotted throughout the UK highlight the contributions of women
Arkema appoints Nicola Tei managing director for Italy
Nicola Tei joins Arkema as CEO of the Italian subsidiary, replacing Giulio Cocco, who has led Arkema in Italy since 2012 and will retire at the end of February. "I welcome with great enthusiasm and
Lavera chemical site to become sustainable production centre with state aid
INEOS has announced a €300 million investment supported by French government grants that will deliver the next phase of its Lavera regeneration plan and cut carbon dioxide emissions by 331,000 tonnes per annum, the equivalent
Waterloo researchers turning plastic waste into vinegar
Researchers at the University of Waterloo have discovered a way to turn plastic waste into acetic acid, the main ingredient of vinegar, using sunlight. The breakthrough offers a promising new approach to reducing plastic pollution through photocatalysis,
CRUDE SUMMARY: Oil prices finish down after hitting seven-month highs
Prices continue to be close to levels not seen since last summer Latest US-Iran talks planned for Thursday, as US pull out non-essential staff from region Tariff escalation likely to cause further...
Westlake looks to ‘self-help’ to drive earnings, but also eyes better demand
HOUSTON (ICIS)--Westlake is looking to “self-help” measures to drive earnings growth in 2026, but the US-based vertically integrated petrochemicals and building products company is also...
Europe February ECH prices stable, despite firmer propylene
LONDON (ICIS)--Europe epichlorohydrin (ECH) freely negotiated contract prices are flatlining this month, despite the slight upstream propylene cost gains, in view of a still subdued ECH market and an...
EU February epoxy stabilizes as cost/margin pain grows versus sluggish market
LONDON (ICIS)--Europe epoxy prices are mainly stabilizing this month and appear to be bottoming out, after recent erosion. This is as competition is toned down, amid rising costs and heightened...
CK Hutchison’s Panama ports deal formally terminated; Maersk, MSC to run for 18 months
HOUSTON (ICIS)--Control of ports on both sides of the Panama Canal has officially ended for Hong Kong-based CK Hutchison on Monday after an earlier ruling from Panama’s Supreme Court of Justice was...
India sulphur imports rise over 15% in 2025 on shipments from Arab-Gulf
LONDON (ICIS)--India imported over 2.2 million tonnes of sulphur in 2025, an increase of 15.1% year on year, led by higher imports from some countries in the Middle East. According to customs data,...
HYDROGEN: RED III Industry and Transport Obligations, Italy
LONDON (ICIS)-- On 20 January 2026, Italy formally transposed the EU Renewable Energy Directive (RED III) with the publication of a legislative decree in the Gazzetta Ufficiale della Repubblica...
US DAP, MAP imports plunge in 2025 as supplies from key origins fall
LONDON (ICIS)-- US imports of diammonium phosphate (DAP) and monoammonium phosphate (MAP) fell sharply in 2025 amid steep declines in volumes from major suppliers, according to customs data. US DAP...
PODCAST: Ukraine’s wartime energy infrastructure needs to reinvent its future, CEOs
LONDON (ICIS)--On 24 February 2022 Ukraine disconnected from the Russian and Belarusian electricity grids in preparation for synchronising with ENTSO-E. A few hours later, Russia invaded the country....
ICIS Q&A: Energy Traders Europe and AIGET call for a rapid adoption of gas storage decree in Italy
Additional reporting by Brendan A'Hearn European and Italian traders associations told ICIS about their request to Italian energy ministry Advance annual storage auctions and increased multi-year...
China’s adipic acid exports surge in December, hit new high in 2025
SINGAPORE (ICIS)--China's December 2025 adipic acid (ADA) exports rose by 31% to 46,086 tonnes compared with 35,310 in November, according to the ICIS Supply & Demand Database. December spot...