Industry News
Chemical Industry News
Plant status: TPC Group issues FM on US BD amid operational, feedstock issues
HOUSTON (ICIS)--Here is a plant status report: Name: TPC Group Location: Houston, Texas, US Product: Butadiene (BD) Capacity (tonnes/year): 508,000 Event start: 7 January Reason: Feedstock,...
US consumer sentiment ticks up for second month
HOUSTON (ICIS)--US consumer sentiment inched up for the second straight month in January to reach its highest level since September 2025, according to preliminary findings by the University of...
Europe January BPA formula contract up for third month on cost uptrend
LONDON (ICIS)--The Europe bisphenol A (BPA) formula contract price firmed in January for a third consecutive month, on phenol feedstock cost gains. The latter is linked to the rise in the upstream...
Europe January phenol contract rises on higher adder and feedstock benzene combination
LONDON (ICIS)--The Europe January phenol contract price has increased by €40/tonne. This is after the Q1 2026 phenol contract adder increased by €10/tonne versus Q4 2025. The feedstock benzene...
Brazil’s PET recycler Ober enters court‑led debt restructuring
SAO PAULO (ICIS) – Brazil's polyethylene terephthalate (PET) recycler and integrated nonwovens producer Ober SA has entered a court‑led debt restructuring process. The company sought court...
INSIGHT: Supreme Court ruling against IEEPA tariffs may advantage countries without US deals
NEW YORK (ICIS)--As markets await the US Supreme Court ruling on the legality of IEEPA (International Emergency Economic Powers Act) tariffs with bated breath, a range of scenarios are in play. One...
Brazil’s PET market sees import share rise further in 2025
SAO PAULO, Brazil (ICIS)--Brazil’s virgin polyethylene terephthalate (PET) market tilted further toward imports in 2025, with global overcapacity and low‑priced Asian supply keeping domestic...
Germany 2025 auto production rises 2%, but remains 11% lower than 2019 levels
LONDON (ICIS)--Auto production in Germany rose 2% year on year to nearly 4.2 million units in 2025 but remained 11% lower than 2019 pre-pandemic levels, according to data by the German Association of...
Europe acetone truck prices rise in tighter market
LONDON (ICIS)--European acetone spot truck prices increased this week as a result of more balanced/tighter supply and some increase in demand through restocking. In supply news, DOMO Chemicals’...
ACER proposes key monitoring elements to make grids smarter
ACER proposes key indicators to evaluate smart grid technologies The aim is to find ways of using existing grid better, alongside new buildout Better data will help support grid performance and shape...
Polish gas demand soars to all-time high on freezing temps, imports from Germany jump
Polish gas demand hits consecutive daily all-time highs Power and heat sector continue to drive demand as temps fall Day-ahead bookings soar to meet strong prompt demand LONDON (ICIS)-- Polish gas...
EU member states back Mercosur trade deal
LONDON (ICIS)--European Commission member states on Friday gave provisional backing for a free trade deal with the Mercosur block of countries, paving the way for the agreement to move forward after...
US October housing starts down 4.6%, but single-family starts rise
HOUSTON (ICIS)--US housing starts fell 4.6% month on month to a seasonally adjusted annual rate of 1,246,000 in October, following a 1.2% September increase, according Census Bureau data released on...
Brazil MAP imports contract sharply in 2025, mainly on lower volumes from Russia and Morocco
LONDON (ICIS)--Brazil imports of monoammonium phosphate (MAP) contracted by more than a million tonnes in 2025 year on year. The drop of approximately 25% in total MAP imports was led by Russia...
WEEKLY GAS OUTLOOK: Weather shift to drive European demand in week 3
Additional reporting by Eduardo Escajadillo LONDON (ICIS)--European gas consumption is expected to tick down in week 3 on shifting weather conditions relative to week 2. There is a mixed picture on...
WEEKLY POWER OUTLOOK: Strong wind and above-average temperatures in France to pressure spot prices in week 3
LONDON (ICIS)--French spot prices are likely to follow a bearish trend through week 3 due to above-average temperatures and strong wind output, allowing for the country to completely return to net...
ADNOC’s XRG initiates buyout of Covestro minority shareholders
LONDON (ICIS)--Covestro has been notified that ADNOC subsidiary XRG P.J.S.C will vote to buy out minority shareholders, the German company said on Friday. The proposal “to transfer shares held by...
ICIS GAS INSIGHT WEEK 2 NEWS IN BRIEF
This news summary was generated via Ask ICIS LONDON (ICIS)--Please find below a short summary of the key gas stories ICIS published in week 2. EU gas stocks second-lowest in a decade on 1 January
Germany production rises for third month in November, defense spending supports industry
LONDON (ICIS)--Germany’s overall production from industry, energy and construction rose 0.8% month on month in November, a third consecutive increase, although output in the chemical industry fell...
US economy adds 50,000 jobs in December, less than expected
HOUSTON (ICIS)--US nonfarm payroll employment rose 50,000 month on month in December, the unemployment rate was 4.4% (November: 4.5%), and the labor participation rate was 62.4% (November: 62.5%),...