Industry News
Chemical Industry News
NYMEX: US gas futures surge on weather ahead of contract expiry
US natural gas futures jumped on 29 December, supported by colder January forecasts and strong feedgas demand, as the January front-month contract expired The January ’26 front-month contract...
CRUDE SUMMARY: Crude up as Middle East volatility outweighs signs of Ukraine-Russia peace progress
Oil rallies as Saudi airstrikes on Yemeni targets ratchet up crude risk premium Ukraine-Russia peace deal showing progress US EIA inventory data delayed at time of publication LONDON (ICIS)--Oil...
OUTLOOK ‘26: LatAm to face weak recycled resin demand; Brazil signals long-term strength
SÃO PAULO (ICIS)--Recycled resin demand in Latin America is set to stay under pressure in 2026, squeezed by cheaper virgin resin and a tough business climate. Individual country outlooks diverge on...
OUTLOOK ’26: Latin America’s PS long downturn to intensify as increasingly shunned by customers
SAO PAULO (ICIS)--Latin America’s polystyrene (PS) market is to remain challenging in the first half of 2026 on the back of persistent ample supply and lower demand. Competition from cheaper...
OUTLOOK ’26: US oxo-alcohols, acrylates and plasticizers to face ongoing demand headwinds
HOUSTON (ICIS)--Heading into 2026, a weak construction market continues to present headwinds for demand growth for oxo-alcohols, acrylate esters and plasticizers. Each of these products also faced...
Turkey’s BOTAS seals Woodside LNG supply deal after busy dealmaking stretch
BOTAS converts LNG supply deal with Woodside Adds to growing list of supply deals announced since September Half of US LNG deliveries could be FOB LONDON (ICIS)--Turkish incumbent BOTAS’ latest...
FBMC WEEKLY: Strong mid-week German wind output to pressure FBMC power spot
LONDON (ICIS)--A burst of German wind generation in the middle of week 1 is expected to exert downward pressure on power spot prices in several countries within the flow-based market coupling (FBMC)...
OUTLOOK ‘26: Europe rLDPE braces for volatility during uncertain 2026
LONDON (ICIS)--The ongoing risk of further closures and the upcoming ban on shipments of plastic waste from the EU to non-OECD countries from November 2026 will create a very uncertain, and possibly...
OUTLOOK ’26: US PP facing tepid demand, abundant supply
HOUSTON (ICIS)--ICIS forecasts that the US polypropylene (PP) market in 2026 will be similar to what we saw in the second half of 2025. In 2025, inventories increased, producers maintained...
OUTLOOK ’26: Europe rPP insolvency risk remains high
LONDON (ICIS)--Insolvency risk is likely to remain high in 2026 across the European recycled polypropylene (rPP) market. The risk of insolvency has been heightened since the beginning of the energy...
OUTLOOK ’26 Europe MA to face demand stagnation, imports set to shape price trends
LONDON (ICIS)--The European maleic anhydride (MA) market is set to enter 2026 under familiar constraints. Demand is expected to remain largely flat as downstream sectors show little sign of recovery,...
OUTOOK 26′: Europe BPA sourcing to stay reliant on Asia, risks weighed
LONDON (ICIS)--The Europe bisphenol A (BPA) market will remain dependent on sourcing from Asia in 2026, due to competitiveness, although upstream restructuring in South Korea raises uncertainty about...
OUTLOOK ’26: Europe E-series glycol ethers to face another challenging year
LONDON (ICIS)--Heading into 2026, expectations in the European butyl glycol ethers market remain broadly subdued, with many participants preparing for a similarly lackluster year to 2025. That said,...
GAS ALERT: Woodsite signs nine-year LNG supply deal with BOTAS starting 2030
LONDON (ICIS)--Australian producer Woodside Energy signed a sales and purchase agreement (SPA) with Turkish incumbent BOTAS to provide 0.5mtpa of LNG over nine years starting in 2030, according to...
OUTLOOK ’26: US PE faces increasingly competitive global market
HOUSTON (ICIS)--The US polyethylene (PE) industry faced challenges in 2025 with volatile global trade policy, higher costs and ever-growing global capacity. These headwinds are not expected to vanish...
OUTLOOK ’26: Europe Isocyanates braces for another year of constrained demand
LONDON (ICIS)--Isocyanate demand in Europe was mainly subdued in 2025, with 2026 expected to remain challenging across various products. MDI line down in Europe TDI force majeure in Europe New TDI...
OUTLOOK ’26: Europe etac, butac markets to be shaped by supply dynamics amid flat demand
LONDON (ICIS)--Participants in the ethyl acetate (etac) and butyl markets are bracing itself for “more of the same” with the economic challenges and geopolitical tensions set to persist in 2026....
OUTLOOK ’26: Europe ethanol supply challenges loom despite demand stability
LONDON (ICIS)--A recalibration of the supply chain is anticipated to impact the European ethanol market in 2026, driven by changing import patterns and a heavier reliance on local production...
Plant status: China’s Sinopec Guangzhou runs cracker normally after restart
SINGAPORE (ICIS)--Here is a plant status report: Name: Sinopec Guangzhou Petrochemical Location: Guangzhou, Guangdong, China Product: Ethylene, propylene Capacity (tonnes/year): 260,000 for ethylene...
OUTLOOK’ 26: China oxo-alcohols capacity surge impacts supply-demand dynamics
SINGAPORE (ICIS)--The oxo-alcohols market in China for 2026 is expected to experience a complex dynamic, characterized by a tug-of-war between oversupply and differentiated demand. Newly online and...