Industry News
Chemical Industry News
South Korea’s August base oils output rises
SINGAPORE (ICIS)--South Korea’s base oils output rose in August to the highest in more than three years following the completion of a protracted round of plant maintenance work in the first half of...
European acetone spot FD prices stable, no upturn for demand
BERLIN (ICIS)--European acetone free delivered (FD) spot prices were stable again this week, according to the majority of market participants. However there was limited business done because many...
Canada GDP grows 0.2% in July, first increase in four months
TORONTO (ICIS)--Canada’s real gross domestic product (GDP) grew 0.2% month on month in July, following three monthly declines, according to data by federal agency Statistics Canada (StatCan) on...
Plant status: MOL Petrochemicals’ No 2 Hungarian cracker back online after maintenance
LONDON (ICIS)--Here is a plant status report: Name: MOL Petrochemicals Location: Tiszaujvaros, Hungary Products: Ethylene, propylene Capacity (tonnes/year): 290,000 (ethylene), 155,000 (propylene)...
ICIS POWER INSIGHT WEEK 39 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 39. Italy’s re-entry into PICASSO unlikely to cause...
Green Plains completes sale of Tennessee ethanol plant to POET
HOUSTON (ICIS)--US biofuels company Green Plains has completed the previously announced sale of its 120 million gal/year ethanol plant at Rives, Tennessee, to POET Biorefining, for $190 million in...
Europe DEA prices firm in September, MEA prices steady as supply tightens on maintenance
LONDON (ICIS)--European monoethanolamine (MEA) and diethanolamine (DEA) markets have seen availability contract into September on the back of a heavy turnaround calendar and little to no imports in...
WEEKLY CRUDE OUTLOOK: Brent benchmark set to test resistance at $70/barrel
LONDON (ICIS)--The Brent benchmark is again flirting with $70/barrel, a level not seen since mid-June when prices spiked during the 'Twelve-Day War' between Israel and Iran. Looking ahead: US Q2 GDP...
ICIS GAS INSIGHT WEEK 39 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 39. CEE gas markets face abundance of supplies but more...
Europe PE, PP markets brace for ‘bloodbath’ as sellers slug it out for sales
LONDON (ICIS)--An extremely pessimistic mood has taken hold of the polyethylene (PE) market, with exceptionally weak demand from buyers as several local and overseas producers slash prices both...
WEEKLY POWER OUTLOOK: Low temperatures and wind speeds bullish for central western Europe in Week 40
LONDON (ICIS)--An energy analyst told ICIS that the combination of “low temperatures, potential strikes and falling wind generation could mean quite a bullish scenario for central western Europe...
WEEKLY GAS OUTLOOK: European supply side loosens as maintenance ends, but weather fundamentals bullish
LONDON (ICIS)--Easing Norwegian maintenance is set to bolster European supply into week 40. Gassco exit nominations have been climbing higher over the preceding week, as the second bout of summer...
ENERGY TRADING WEEK: Russian LNG, sanctions are key industry concerns
LONDON (ICIS)--Russian LNG exports and sanctions remain key concerns for importers, according to speakers at the Energy Trading Week in London on Friday. Speakers questioned why no US sanctions have...
Next generation gene editors engineered to significantly reduce error rate
Introducing mutations into DNA-snipping ‘molecular scissors’ can result in 60-fold reduction in errors
Can a bowl of tomato soup a day keep the winter blues away?
Human trial to test whether gene-edited tomatoes can boost participants’ vitamin D levels
Hydroxylamine discovery complicates water purification efforts
New insight into nitrate and nitrite reduction process reveals toxic intermediate
Turning plastic waste into fuel
Plastics are valued for their durability, but that quality also makes them difficult to break down. Tiny pieces of debris known as microplastics persist in soil, water and air and threaten ecosystems and human health.
Turning waste into the future: scientists produce base materials for nylon from polystyrene
It still sounds a bit like science fiction, but it actually works: bacteria that recycle environmentally harmful substances such as polystyrene to produce the raw materials for nylon without the need for new crude oil.
Sea foam could contain more ‘forever chemicals’ than water below
Sea foam is a common sight along the coastline as breaking waves churn up air and algae. Now, a study in ACS’ Environmental Science & Technology reports that sea foam from several beaches along North
Kuwait’s EQUATE announces Oct MEG India contract price at $511/tonne
SINGAPORE (ICIS)--Global monoethylene glycol (MEG) producer EQUATE has nominated its October 2025 MEG India Contract Price (ICP) at $511/tonne CFR (cost & freight) India Main Ports, a company...