Industry News
Chemical Industry News
Cirklo, Solar Coca-Cola to inaugurate new PET recycling plant in Amazon, Brazil
SAO PAULO (ICIS)--Brazil-based polyethylene terephthalate (PET) recycler Cirklo and bottler Solar Coca-Cola have partnered to build a new recycling facility in Ananindeua, Pará, north of Brazil, set...
SHIPPING: Asia-US container rates fall; government shutdown could slow port traffic
HOUSTON (ICIS)--Rates for shipping containers from east Asia and China to the US were largely lower this week, and shippers should expect cargo to continue flowing through the nation’s ports...
NYMEX: Gas futures ease with higher US gas output
Front-month US natural gas futures eased on 3 October as dry gas production increased and LNG feedgas demand stabilized The November Henry Hub contract on NYMEX settled at $3.324/MMBtu, down nearly...
CRUDE SUMMARY: OPEC+ oversupply concerns fuel steep crude price losses this week
Investors await 5 October OPEC+ meeting where production hike is expected Shifting seasonal demand impacts European, US refining margins US oil rigs down two to 422 - Baker Hughes LONDON...
Plant status: Fire extinguished at US Chevron’s El Segundo refinery
HOUSTON (ICIS)--Here is a plant status report: Name: Chevron Location: El Segundo, California, US Product: Refined products Capacity: 290,000 bbl/day throughput capacity Event start: 2 October Event...
Participants in the chlor-alkali, EDC markets eye Brazil amidst talk of potential rationalization
HOUSTON (ICIS)--The US petrochemical industry is in the throes of a downcycle and there is a chorus of speculation tied to rationalization, with Brazil residing right in the center. Talks continue to...
Argentina pre-election uncertainty taking further toll on beleaguered chemicals – Simpa
BUENOS AIRES (ICIS)--Argentina’s chemicals demand is again falling after the revival registered during the first half of 2025 and ahead a crucial mid-term election this month, according to the...
Impending turnarounds, weak Europe and SE Asia demand open C2 arb to NE Asia
SINGAPORE (ICIS)--Barely a month ago, ethylene players in northeast Asia were gearing up for a tighter market going into spot discussions for the final quarter of 2025. Expectations have upended in...
Plant Status: INEOS, Belgium, on reduced PTA rates to align with market
LONDON (ICIS)--Here is a plant status report: Name: INEOS Location: Geel, Belgium Product: Purified terephthalic acid (PTA) Capacity (tonnes/year): 950,000 Event start: September Event finish:...
Plant status: Novapet schedules PET maintenance in Spain from November
LONDON (ICIS)--Here is a plant status report: Name: Novapet Location: Barbastro, Spain Product: PET Capacity (tonnes/year): 100,000 Event start: November Event finish: Usually around 45 days Reason:...
Africa’s PP market finds temporary halt in downtrend amid global supply shifts
LONDON (ICIS)--Africa’s polypropylene (PP) market stabilized last week, offering a brief respite to sellers after weeks of volatility. However, industry players caution that this may be a temporary...
France August manufacturing output falls 0.7%, chemicals down 1.9%
LONDON (ICIS)--Manufacturing output in France fell 0.7% month on month in August, following a 0.5% July decline, according to data by statistics agency Insee on Friday. However, output was 1.1%...
Europe BPA spot market slows further; some pressure on price
LONDON (ICIS)--Europe bisphenol A (BPA) domestic spot prices are showing some signs of softening, as sluggish demand persists and in view of some relief in upstream benzene costs. The domestic BPA...
RCS Werne R-PET recycling site expansion approved
LONDON (ICIS)--The planned expansion of recycler RCS’s recycled polyethylene terephthalate (R-PET) plant in Werne, Germany, received local authority approval on 1 October 2025, with construction...
ICIS GAS INSIGHT WEEK 40 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 40. PODCAST: Ukraine domestic gas production stable as...
Europe toluene October contract price down on previous month
LONDON (ICIS)--The European toluene October contract price has been assessed at a decrease on September. The October toluene contract price was assessed at $850/tonne FOB (free on board) NWE...
ICIS POWER INSIGHT WEEK 40 NEWS IN BRIEF
This news summary was generated via Ask ICIS LONDON (ICIS)--Please find below a short summary of the key power stories ICIS published in week 40. FBMC WEEKLY: Ex-Hurricane Humberto to boost European...
Europe PTA September price dip with upstream PX and weak demand
LONDON (ICIS)--The Europe purified terephthalic acid (PTA) September contract has decreased, based on ICIS calculations. Consequently, the September PTA contract price is down by €13/tonne to reach...
WEEKLY POWER OUTLOOK: Low wind forecasts may create bullish spot prices across central and western Europe in week 41
LONDON (ICIS)--Lower wind forecasts across central and western Europe lifted front-week power prices across the region on Friday, painting a bullish picture for spot prices next week. WIND FORECASTS...
European Q4 phenol adder talks ongoing
LONDON (ICIS)--The European phenol contract for October has yet to settle, as Q4 adder negotiations continue between buyers and sellers. Benzene costs, however, have decreased by €22/tonne for the...