Industry News
Chemical Industry News
WEEKLY POWER OUTLOOK: French power prices could spike in week 25 as heatwave forecast across Europe
High temperatures across Europe expected to trigger cooling demand, supporting prices French nuclear availability could be restricted adding risk premium Strong solar could provide ceiling to prices...
US fertilizers interactive trade flow map January-April 2026
LONDON (ICIS)--The US Census Bureau has released fertilizer import and export data for January-April 2026. Please select a product from the drop-down menu...
WEEKLY GAS OUTLOOK: Shift in fundamentals, geopolitics to keep EU gas prices volatile in week 25
LONDON (ICIS)--European gas prices are likely to see a volatile trend in week 25 as headlines related to the Middle East conflict are expected amid the G7 summit taking place in that week in France....
India extends urea tender deadline as purchases set to miss target
LONDON (ICIS)--In India, purchases in the latest urea import tender are unlikely to reach the targeted 1.7 million tonnes, following a shift in China’s export policy, with suppliers holding back...
Plant status: LyondellBasell to close Brindisi, Italy PP plant
LONDON (ICIS)--Here is a plant status report: Name: LyondellBasell Location: Brindisi, Italy Product: Polypropylene (PP) Capacity (tonnes/year): 260,000 Event start: NA Event finish: 2026 Reason:...
Italy takes cautious approach to battery procurement amid Capacity Market uncertainty
Terna’s conservative scenario points to 42GWh by 2030 Renewables growth could drive higher storage needs Capacity Market timing may affect MACSE volumes LONDON (ICIS)--Italy’s latest storage...
Germany’s central bank cuts GDP growth forecast, expects higher inflation
LONDON (ICIS)--Germany’s central bank has lowered its projections for the country’s GDP growth to 0.5% in 2026 and 0.8% in 2027 – down from its earlier projections of 0.6% and 1.3%,...
GAS ALERT: Uniper Breitbrunn storage injection capacity cut by up to 50% until 26 June
FRANKFURT (ICIS)--Uniper Energy Storage has reported an unplanned injection capacity restriction at its Breitbrunn gas storage facility in Germany’s Trading Hub Europe market area because of a...
Europe ethylene, propylene spot markets slide again on weak demand, future uncertainties
LONDON (ICIS)--European ethylene and propylene spot markets have weakened further in June, as subdued demand, rising inventories and stronger buyer resistance have limited spot activity. Fear of the...
India inflation rises to 3.93% in May
MUMBAI (ICIS)--India’s annualized inflation rate rose to 3.93% in May, mainly due to higher food prices, official data show. Food price inflation, which accounts for about 37% of the consumer price...
PEGylated ligands boost speed and selectivity in mechanochemical arylations
Study highlights the power of tailoring ligands to mechanochemical conditions
Thousands protest across Austria and Poland calling for governments to back science
Proposed budget cuts and lack of funding have led to demonstrations throughout both countries
BDG acquires EP Ehrler from ABB
EP Ehrler is joining BDG. As a subsidiary, BDG brings these expanded capabilities to the Bürkert Group. While BDG specializes in automation, integration, and production and serial testing, EP Ehrler expands this profile with strengths
Japan’s Mitsui Chemicals acquires Ultradent Products for $900m
SINGAPORE (ICIS)--Mitsui Chemicals' US subsidiary, Mitsui Chemicals America (MCA), will acquire dental products company US-based Ultradent Products for $900 million as part of a strategy to bolster...
Plant status: China’s Shenghong Refining and Chemical to shut phenol/acetone plant
SINGAPORE (ICIS)--Here is a plant status report: Name: Shenghong Refining and Chemical Location: Lianyungang, Jiangsu, China Product: Phenol and acetone Capacity (tonnes/year): 400,000 of phenol and...
Plant status: S Korea’s S-Oil eyes No 1 PX unit restart in July
SINGAPORE (ICIS)--Here is a plant status report: Name: S-Oil Corp Location: Onsan, South Korea Product: Paraxylene (PX) Capacity (tonnes/year): 700,000 Event start: 4 March 2026 Event finish: July...
Asia TDI, MDI supply to lengthen after turnarounds amid seasonal slump
SINGAPORE (ICIS)--Spot prices for methylene diphenyl diisocyanate (MDI) and toluene diisocyanate (TDI) fell in the week ended 10 June amid weakening demand across Asia. Seasonal softness weighed on...
Deep tech startup Reduciner introduces novel technology to turn captured carbon into sustainable fuels
Reduciner, a deep tech startup originating from VTT, is commercialising a novel high-temperature technology that enables industrial companies to turn captured carbon dioxide (CO2) into usable fuel and valuable industrial raw materials. The company raised
Turning food waste into carbon captors
The removal of CO₂ from the atmosphere is considered an important tool in the fight against climate change – but has so far been an energy-intensive and expensive process. Now, researchers have developed a new
Platinum oxidation observed in real time: the key to longer-lasting electrolysers
Electrolysers produce hydrogen. Fuel cells, in turn, generate electricity from hydrogen. Both technologies are considered key building blocks of the energy transition, offering well-established solutions for storing, transporting and producing renewable energy. However, there is