Industry News
Chemical Industry News
IBU-tec sets up, together with Hosokawa Alpine, a pilot plant for battery recycling at the Weimar site
IBU-tec advanced materials AG is continuing to expand its growth segment of battery recycling. Together with the machinery and plant manufacturer Hosokawa Alpine, IBU-tec has set up a pilot plant for the recycling of battery
Converting toxic styrene oxide into attractive compounds
The bacterial membrane enzyme styrene oxide isomerase can convert toxic compounds into valuable materials. Selvapravin Kumaran, a doctoral student in Professor Dirk Tischler's Microbial Biotechnology working group at Ruhr University Bochum, Germany, has discovered exactly
How MXenes truly work
Researchers have for the first time measured the true properties of individual MXene flakes — an exciting new nanomaterial with potential for better batteries, flexible electronics, and clean energy devices. By using a novel light-based
Asia recycling trade slows on holiday, industry fair
SINGAPORE (ICIS)--Spot activities across Asia recycling markets slowed down at the start of October amid China Golden Week and the K 2025 trade fair in Germany. Deals and discussions for recycled...
Taiwan rPET feedstock demand remains slow
SINGAPORE (ICIS)--Spot demand for recycled polyethylene terephthalate (rPET) feedstock in Taiwan has continued to slow since September due to poor uptake from end-users. Feedstock bales supply in...
Plant status: Asia Polymer prolongs partial Taiwan EVA output cut in Oct ‘25
SINGAPORE (ICIS)--Here is a plant status report: Name: Asia Polymer Corp (APC) Location: Linyuan, Kaohsiung, Taiwan Product: Ethylene vinyl acetate (EVA) Capacity (tonnes/year): 100,000 (Total of...
Asia exports to the US falter due to tariffs, region looks to diversify
SINGAPORE (ICIS)--The resilience of Asia's exports to the US has begun to crack after tariffs were ratcheted up in August, having previously been cushioned by front-loading, rerouting, and a gradual...
Vietnam Q3 GDP growth surges 8.23% on strong exports despite US tariffs
SINGAPORE (ICIS)--Vietnam’s economy surged 8.23% year on year in the third quarter of 2025 on higher exports and manufacturing despite the imposition of US tariffs, according to the General...
FCFC issues Nov PX buy tender for delivery into Ningbo
SINGAPORE (ICIS)--Formosa Chemicals & Fibre Corp (FCFC) has issued a tender for paraxylene (PX) for November delivery, according to market sources. The company seeks for 5,000-10,000 tonnes for...
S Korea isomer MX export prices edge up amid higher Nov bids
SINGAPORE (ICIS)—Isomer grade mixed xylenes (MX) export prices from South Korea edged up on 6 October from the last assessed prices on 3 October, tracking higher November bids. November bids were...
Thailand rPET feedstock sees slight increase in demand
SINGAPORE (ICIS)--Spot demand for post-consumer bottled (PCB) bales have improved slightly from a week ago, as a few recyclers have replenished dwindling inventories for October requirements....
kiutra secures €13M to eliminate bottlenecks from quantum supply chains with helium-3-free cooling
kiutra announced the successful closing of a €13 million equity round to accelerate global scale-up and deliver helium-3-free cooling systems that strengthen quantum supply chain resilience. The round was co-led by new international investors NovaCapital
NYMEX: US gas futures rise on improved demand outlook
US natural gas futures rose on 6 October, supported by some weather demand expectations along with steady feedgas demand from US LNG projects The November ’25 front-month contract settled at...
US commodity chemicals earnings estimates likely still too high – UBS
NEW YORK (ICIS)--Heading into Q3 2025 earnings season, Wall Street profit estimates on US-based chemical stocks for 2025 and 2026 have room to come down further, said an analyst at UBS. On the...
Dow, MEGlobal expand strategic ethylene supply deal to feed US EG output
HOUSTON (ICIS)--A new supply agreement will allow Dow to secure an outlet for its sizable Gulf Coast ethylene production while giving MEGlobal an opportunity to increase its Asian export business....
CRUDE SUMMARY: Crude prices rise in response to modest OPEC+ hike
OPEC+ lifts November output by 137,000 barrels/day, smaller than the expected 500,000 barrels/day Refinery maintenance, seasonality, US inventory builds point to softer product pull in Q4 Supply...
SHIPPING: Fee structure outlined for new USTR port charges on China-linked vessels
HOUSTON (ICIS)--US Customs and Border Patrol (CBP) has issued guidance, including details on fees and key requirements to assist operators with compliance and enforcement of new Section 301 vessel...
INTERVIEW: US firms expected to pass through tariffs to preserve margins
ST LOUIS (ICIS)--US companies could soon begin passing through tariffs to consumers because their margins have taken too big of a hit, the chief economist of the US Chamber of Commerce said on...
Europe LPG prices stage surprise fall ahead of winter on lackluster activity
LONDON (ICIS)--European liquefied petroleum gas (LPG) prices fell across most variables last week, with large cargo markets experiencing notably low trading volumes. The subdued start to October...
UK power November ’25 at discount to Dutch, German counterparts; wind set to be key driver
UK power November ’25 at discount to Dutch, German equivalents, but above French counterpart Wind will be a key driver for UK, Dutch and German power prices through the front month; UK likely to...