Industry News
Chemical Industry News
OUTLOOK ’26: Pessimism seen for Asia polyols amid weak fundamentals, rising capacities
SINGAPORE (ICIS)--Supply is expected to increase for Asia polyester polyols in the coming year, amid capacity expansions in an oversupplied market. Upstream feedstock expansions are likely to add...
Plant status: China’s Guangxi Huayi in the process of restarting MEG unit
SINGAPORE (ICIS)--Here is a plant status report: Name: Guangxi Huayi Location: Qinzhou, Guangxi, China Product: Monoethylene glycol (MEG) Capacity (tonnes/year): 200,000 Event start: 9 November 2025...
OUTLOOK ’26: China PO supply pressure to intensify in H2 on new start-ups
SINGAPORE (ICIS)--China’s domestic propylene oxide (PO) market is poised for growth in both supply and demand in 2026, though a wave of new plant start-ups suggests supply pressure will intensify...
OUTLOOK ’26: Asia ethylene vinyl acetate pressured by China supply
SINGAPORE (ICIS)--Asia’s ethylene vinyl acetate (EVA) market is set to face supply pressure due to exponential capacity growth in China outpacing demand growth in 2026. This continues a trend that...
China’s Jiangsu Chengxing to shut Jiangyin site in late Jan for relocation
SINGAPORE (ICIS)--China’s Jiangsu Chengxing Phosph-Chemicals will stop production at its site in Jiangyin city area from 24 January 2026 for relocation, the company announced. The Jiangyin site has...
OUTLOOK ’26: Mideast isocyanates to navigate uneven demand recovery
SINGAPORE (ICIS)--The Middle East isocyanates import market enters 2026 with cautious optimism as buyers anticipate gradual improvement in downstream sectors while sellers contend with competitive...
OUTLOOK ’26: Asia isocyanates supply to rise on China expansions
SINGAPORE (ICIS)--Capacity expansions in China slated for 2026 are set to lengthen supply for both methylene diphenyl diisocyanate (MDI) and toluene diisocyanate (TDI). Meanwhile, ongoing US-China...
OUTLOOK ’26: Mideast polyether polyols market eyes cautious recovery amid uneven demand
SINGAPORE (ICIS)--The Middle East polyether polyols import market enters 2026 with guarded optimism as buyers weigh seasonal demand prospects against persistent uncertainty and competitive offers...
Plant status: China’s Jinneng Science and Technology to restart PP Line 2
SINGAPORE (ICIS)--Here is a plant status report: Name: Jinneng Science and Technology Location: Qingdao, China Product: Polypropylene (PP) Capacity (tonnes/year): 450,000 Event start: 15 December...
Plant status: China’s PetroChina Liaoyang restarts PP unit
SINGAPORE (ICIS)--Here is a plant status report: Name: PetroChina Liaoyang Location: Liaoyang, China Product: Polypropylene (PP) Capacity (tonnes/year): 300,000 Event start: 20 December Event finish:...
OUTLOOK ’26: China MMA balance holds as domestic demand drives development
SINGAPORE (ICIS)--In 2026, the global methyl methacrylate (MMA) market is set to undergo a significant rebalancing as production capacity in Europe and Japan is phased out while new supply emerges in...
OUTLOOK ‘26: Asia PO to see increasing supply with demand set to remain sluggish
SINGAPORE (ICIS)--The Asia Propylene Oxide (PO) spot market is set to see the impact of oversupply continuing into 2026 with demand not expected to experience a dramatic recovery for H1 2026 at...
East China xylene port inventories down as consumption outpaces arrivals
SINGAPORE (ICIS)--Xylene inventories at east China ports decreased to 26,800 tonnes in the reporting period ended 25 December as consumption outpaced arrivals, according to ICIS data. The inventories...
East China toluene port inventory higher on more arrivals and less consumption
SINGAPORE (ICIS)--Toluene inventory at east China ports increased to 43,800 tonnes in the reporting period ended 25 December on more arrivals and less consumption, according to ICIS data. The...
Plant status: Saudi Arabia’s SHARQ plans to shut No 1 MEG unit in January
SINGAPORE (ICIS)--Here is a plant status report: Name: SHARQ Location: Al Jubail, Saudi Arabia Product: Monoethylene glycol (MEG) Capacity (tonnes/year): 450,000 Event start: January 2026 Event...
Plant status: Saudi Arabia’s JUPC shuts No 1 MEG unit
SINGAPORE (ICIS)--Here is a plant status report: Name: Jubail United Petrochemical Company (JUPC) Location: Al Jubail, Saudi Arabia Product: Monoethylene glycol (MEG) Capacity (tonnes/year): 700,000...
Plant status: Moeve Quimica restarts China phenol/acetone plant
SINGAPORE (ICIS)--Here is a plant status report: Name: Moeve Quimica (Shanghai) Co., Ltd Location: Shanghai, China Product: Phenol and acetone Capacity (tonnes/year): 350,000 and 210,000 respectively...
Plant status: China’s Tianjin Bohai Chemical unexpectedly shuts its PO plant
SINGAPORE (ICIS)--Here is a plant status report: Name: Tianjin Bohai Chemical Location: Tianjin, China Product: Propylene oxide (PO) Capacity (tonnes/year): 200,000 Event start: 24 December 2025...
China’s Sinopec achieves stable 150BS base oils production in 2025
SINGAPORE (ICIS)--Sinopec’s Jinan Refinery and Jingmen Petrochemical have started stable production of 150BS base oils since March 2025, according to a company source. The comprehensive performance...
Plant status: China’s Tianjin Bohai Chemical shuts SM plant
SINGAPORE (ICIS)--Here is a plant status report: Name: Tianjin Bohai Chemical Location: Tianjin, China Product: Styrene monomer (SM) Capacity (tonnes/year): 450,000 Event start: 24 December Event...