Industry News

Chemical Industry News

Brazil R-PET pellet offers hold steady in October, recyclers resist negotiations

news2025-10-02T19:06:00+00:00October 2nd, 2025|Independent Commodity Intelligence Services (ICIS)|

SAO PAULO (ICIS)--Brazil's polyethylene terephthalate (PET) recyclers kept recycled PET (R-PET) pellets offer prices stable in October, and mounting margin pressure led them to resist negotiations....

US discusses proposed Dragon gas project with Trinidad

news2025-10-02T19:00:00+00:00October 2nd, 2025|Independent Commodity Intelligence Services (ICIS)|

US signals support for Trinidad's Dragon gas project US said project must not benefit Venezuela's Maduro regime Shell declines comment on project progress following latest talk HOUSTON (ICIS)--The...

Clearing, standardization, euro-trading essential to CEE gas market integration – Hungary’s clearing house

news2025-10-02T17:09:00+00:00October 2nd, 2025|Independent Commodity Intelligence Services (ICIS)|

Euro-denominated gas trading could help encourage spread trading Market activity on Bulgarian exchange exceeded targets after introduction of clearing services Keler CCP expecting to offer clearing...

UK’s July base oils output falls

news2025-10-02T17:03:00+00:00October 2nd, 2025|Independent Commodity Intelligence Services (ICIS)|

SINGAPORE (ICIS)--The UK’s base oils output fell to a one-year low in July at a time of year when Europe’s demand faced a seasonal slowdown. The fall in output was insufficient to counter a rise...

Dutch gas storage targets steady for Winter 2026

news2025-10-02T16:37:00+00:00October 2nd, 2025|Independent Commodity Intelligence Services (ICIS)|

Dutch gas storage target for winter 2026 stays at 74%, with added flexibility and no summer checkpoints Gasunie recommends 115TWh of gas to be in storage by 1 November 2026, up from 110TWh in 2025...

Europe CX October contract weakens with feedstock, lower Q4 delta

news2025-10-02T16:37:00+00:00October 2nd, 2025|Independent Commodity Intelligence Services (ICIS)|

LONDON (ICIS)--The European cyclohexane (CX) October contract price has settled at €768/tonne, down by €25/tonne from September, following a decrease in upstream benzene costs and a lower delta...

Brazil’s August base oils supply lags demand

news2025-10-02T16:34:00+00:00October 2nd, 2025|Independent Commodity Intelligence Services (ICIS)|

SINGAPORE (ICIS)--Brazil’s base oils supply lagged demand in August for the first time in three months as imports and domestic output fell to a six-month low. The country’s base oils exports rose...

Renewable fuels firm develops SAF project in Texas

news2025-10-02T16:34:00+00:00October 2nd, 2025|Independent Commodity Intelligence Services (ICIS)|

HOUSTON (ICIS)--Renewable fuels company Green Carbon Development (GCD) is working on a 10,500 barrels per stream day (BPSD) sustainable aviation fuel (SAF) and renewable diesel plant at Jasper,...

Strong LNG feedgas demand improves US natural gas futures

news2025-10-02T16:30:00+00:00October 2nd, 2025|Independent Commodity Intelligence Services (ICIS)|

Storage data show inventories remain about 5% above average Above-normal early October weather outlook reduces chance of early cold snap Henry Hub spot prices expected to rise this winter with...

LEGO’s US Virginia plant enters next phase of construction

news2025-10-02T16:25:00+00:00October 2nd, 2025|Independent Commodity Intelligence Services (ICIS)|

HOUSTON (ICIS)--The LEGO group announced earlier this week that its Virginia site reached a major construction milestone, with the $1.5 billion investment including a factory and regional...

BASF to retain catalysts business; expects Q4 decision on automotive coatings

news2025-10-02T16:07:00+00:00October 2nd, 2025|Independent Commodity Intelligence Services (ICIS)|

LONDON (ICIS)--BASF plans to retain its Environmental Catalyst and Metal Solutions (ECMS) business for the time being, it said in an update on Thursday. The business was carved out in 2023. However,...

CDI US September ethylene contract prices finalized

news2025-10-02T15:54:00+00:00October 2nd, 2025|Independent Commodity Intelligence Services (ICIS)|

HOUSTON (ICIS)--Contract prices for US ethylene have been finalized for September 2025. The contract price settled at 31.0 cents/lb, down 1.0 cents/lb from...

Europe SBR spot prices stable to soft, feedstock costs fall for seventh consecutive month

news2025-10-02T15:51:00+00:00October 2nd, 2025|Independent Commodity Intelligence Services (ICIS)|

LONDON (ICIS)--European styrene butadiene rubber (SBR) spot prices have been assessed stable to soft this week in line with market feedback. SBR feedstock costs have dropped for October, following...

EUROPEAN HYDROGEN WEEK: MEP calls for extension to RFNBO delegated act exemptions

news2025-10-02T15:31:00+00:00October 2nd, 2025|Independent Commodity Intelligence Services (ICIS)|

BRUSSELS (ICIS)--On 1 October, member of European Parliament and chairman of international trade committee Bernd Lange said that the EU’s renewable fuels of non-biological origin (RFNBO) delegated...