Industry News
Chemical Industry News
WEEKLY GAS OUTLOOK: European prices could tick up amid cool weather, low wind and Russian attack on Ukraine’s gas facilities
LONDON (ICIS) --Gas demand in Europe could increase next week as temperature are forecast below seasonal norm in most of southeastern Europe, and within norm or slightly above the usual average...
Europe acetone average domestic spot prices down on weak demand and plentiful supply
LONDON (ICIS)--European acetone average domestic spot prices weakened this week. Some players saw prices as unchanged, but others stated more competitive offers were pushing down numbers. Prices...
US services employment shrinks for fourth month in September
HOUSTON (ICIS)--US services employment contracted for a fourth consecutive month in September, according to the latest services purchasing managers’ index (PMI) survey from the Institute for Supply...
200 years of benzene, the peculiar molecule that defied classification
Join us on 11 November to celebrate benzene’s 200th birthday
High wind output pressuring UK power Weekend contract, limiting gas-for-power demand
Additional reporting by Ethan Tillcock High wind output forecast across the UK and continental Europe this weekend amid ex-hurricane Humberto UK power Weekend contract falling on 3 October, with wind...
One-step method uses clever precursor molecule to make graphene with regular irregularities
Films that include five and seven-membered rings offer new functionality for nanoelectronics, gas sensors and catalysts
A prize better than the Nobel
How a reality check, a little patience and a lot of polysaccharides shaped my scientific journey
Hydrogen battery relieves the pressure for clean energy storage
Researchers develop an electrolyte that overcomes the low-capacity high-operating-temperature issues of previous hydrogen storage setups
Plant status: Thailand’s PTTGC plans end-Oct maintenance at PX unit
SINGAPORE (ICIS)--Here is a plant status report: Name: PTT Global Chemical (PTTGC) Location: Map Ta Phut, Thailand Product: Paraxylene (PX) Capacity (tonnes/year): 770,000 (No 2 unit) Event start:...
French Year ’26 and Year ’27 contango may widen with limited risk expected in 2026
Widening contango on the French Year '26 and Year '27 contracts Traders eye low demand, less risk, additional front-year capacity as key drivers The contango may continue to widen as recovery of...
PODCAST: Asia LAB demand optimistic for 2026, more competitive than fatty alcohols
SINGAPORE (ICIS)--Demand for fatty alcohols mid-cuts C12–14 is expected to remain sluggish in the near term, weighed by festive holidays in several Asian countries. Meanwhile, its substitute,...
Plant status: Taiwan’s Formosan Union Chem plans Nov LAB line maintenance
SINGAPORE (ICIS)--Here is a plant status report: Name: Formosan Union Chemical Company (FUCC) Location: Lin Yuan, Taiwan Product: Linear alkyl benzene (LAB) Capacity (tonnes/year): 125,000 (Total of...
Plant status: China’s Great Orient Chemical plans Nov LAB maintenance
SINGAPORE (ICIS)--Here is a plant status report: Name: Great Orient Chemical (GOC) Location: Taicang, China Product: Linear alkyl benzene (LAB) Capacity (tonnes/year): 100,000 Event start: Early...
CF Industries transact shipment of certified low carbon ammonia bound for Belgium
HOUSTON (ICIS)--US producer CF Industries has transacted a shipment of certified low carbon ammonia from its Donaldsonville, Louisiana, facility, which was purchased by commodities group Trafigura to...
NYMEX: Gas futures ease despite smaller-than-expected storage build
Front-month US natural gas futures edged lower on 2 October despite a leaner-than-expected storage build, as traders weighed mild weather forecasts and strong supply against tighter inventories The...
Panama Canal alters long-term slot auction amid low LNG traffic
Canal authority announces changes with long-term slot allocation New plan should add flexibility for LNG shippers, PCA says Bidding for H1 2026 opens in October HOUSTON (ICIS)--The Panama Canal...
Methanex Europe Q4 methanol posted price issued at €535/tonne
LONDON (ICIS)--Canadian producer Methanex has issued its European posted methanol contract price for Q4 at €535/tonne, an increase of €5/tonne from Q3. The Methanex European Posted Contract Price...
SHIPPING: Most carriers will not add surcharges or service fees to offset USTR port charges
HOUSTON (ICIS)--New port charges from the US Trade Representative (USTR) for Chinese-built and China-based operators are set to take effect on 14 October, and several carriers have announced that...
CRUDE SUMMARY: Crude benchmarks fall as OPEC+ production targets spark oversupply concerns
Expected OPEC+ production increases pressure Brent, WTI benchmarks Slowing US crude demand adds to bearish sentiment Reports of long-term crude Chinese stockpiling limiting losses to a degree LONDON...
US September butyl acetate contract and distributor prices soften with weak demand and low feedstock prices
HOUSTON (ICIS)--US butyl acetate (butac) contract and distributor prices declined in September 2025 in an environment with already soft demand prior to the impact of seasonality. September '25 butac...