Industry News
Chemical Industry News
Softer feedstock weighs on Asia polyols; supply long pre-Golden Week
SINGAPORE (ICIS)--Asia polyols face downward pressure amid falling feedstock costs and stable demand. Additional pressure emerged from inventories, as sellers in China focused on clearing stockpiles...
Plant status: China’s Sinopec Tianjin Petrochemical to restart PX unit
SINGAPORE (ICIS)--Here is a plant status report: Name: Sinopec Tianjin Petrochemical Location: Tianjin, China Product: Paraxylene (PX) Capacity (tonnes/year): 280,000 Event start: 21 July 2025 Event...
Calcutta High Court orders titanium dioxide antidumping duty review
SINGAPORE (ICIS)--India’s antidumping duty (ADD) findings against China-origin titanium dioxide (TiO2) would need to undergo a review, according to a court order on 22 September. The ADDs, which...
Plant status: China’s Sinochem Quanzhou Petrochemical to shut PX plant in Dec
SINGAPORE (ICIS)--Here is a plant status report: Name: Sinochem Quanzhou Petrochemical Location: Quanzhou, China Product: Paraxylene (PX) Capacity (tonnes/year): 800,000 Event start: Early December...
China’s domestic ammonia prices mixed on different fundamentals
SINGAPORE (ICIS)--China’s domestic ammonia prices were mixed this week depending on different supply-demand fundamentals. Quite a few domestic units were under maintenance this week, so many...
Plant status: Malaysia’s Sarawak Petchem methanol plant faces technical issue
SINGAPORE (ICIS)--Here is a plant status report: Name: Sarawak Petchem Location: Tanjung Kidurong, Malaysia Product: Methanol Capacity (tonnes/year): 1.75 million Event start: Around mid-September...
China’s sulphur port inventories up 14,000 tonnes on more trading
SINGAPORE (ICIS)--China’s sulphur port inventories rose to around 2.402 million tonnes on 25 September amid arrivals of shipments, ICIS data showed. This marks an increase of 14,000 tonnes from the...
Asia capro stays long on high run rates, outpaces downstream use
SINGAPORE (ICIS)--Weak fundamentals continue to weigh on spot caprolactam (capro) prices on both fronts, with strong supply outpacing soft downstream consumption. Producers in China are maintaining...
Asia nylon expansion weighs on market amid weak pre-holiday demand
SINGAPORE (ICIS)--Demand showed limited sign of rebound ahead of China's National Day Golden WeekNational Day holiday (1-8 October), weighed by poor end-use consumption. Capacity expansions in China...
China’s DAP port inventories stable at 210,000 tonnes on no arrivals
SINGAPORE (ICIS)--China’s diammonium phosphate (DAP) port inventories were around 210,000 tonnes on 25 September as there were no new cargoes arriving at the ports, ICIS data showed. The...
Plant status: Saudi’s Sipchem IMC begins methanol unit turnaround
SINGAPORE (ICIS)--Here is a plant status report: Name: International Methanol Company (IMC) Location: Al Jubail, Saudi Arabia Product: Methanol Capacity (tonnes/year): 970,000 Event start: 21...
Plant status: PetroChina Guangxi shuts PP unit for maintenance
SINGAPORE (ICIS)--Here is a plant status report: Name: PetroChina Guangxi PC & RF Location: Guangxi, China Product: Polypropylene (PP) Capacity (tonnes/year): 200,000 Event start: 20 September...
Plant status: China’s Jincheng Petchem to shut base oils unit in end-Sep
SINGAPORE (ICIS)--Here is a plant status report: Name: Shandong Jincheng Petrochemical Location: Zibo, Shandong, China Product: Group II base oils Capacity (tonnes/year): 600,000 Event start:...
Indonesia court overturns Singapore’s Wilmar corruption case acquittal
SINGAPORE (ICIS)--The Supreme Court of Indonesia has overturned the acquittals of three major palm oil groups on corruption charges involving cooking oil export permits during a shortage crisis in...
China’s August ACN exports up as capacity expands
SINGAPORE (ICIS)--China exported 31,581 tonnes of acrylonitrile (ACN, HS Code 29261000) in August 2025, higher month on month and year on year as domestic capacity expands, according to the ICIS...
China major producers’ polyolefin inventories down further on pre-holiday restocking
SINGAPORE (ICIS)--The combined polyethylene (PE) and polypropylene (PP) inventories of Chinese state-owned petrochemical giants Sinopec and PetroChina continued falling on buyers’ restocking...
US October methanol contract prices rise
HOUSTON (ICIS)--US October methanol contract prices rose, following recent increases in spot prices. Article by Jessie Waldheim and Kevin...
Chem trough is much deeper than past downcycles – banker
HOUSTON (ICIS)--The downturn in the chemical industry is much deeper than past cycles, a stock analyst and banker said on Thursday. For years, 10-year cycles characterized the chemical industry,...
NYMEX: US gas futures gain softened by gas storage increase
US natural gas futures rose on 25 September, despite an increase in working gas inventories The October 2025 Henry Hub contract on NYMEX settled at $2.904/MMBtu, up 1.6% from the previous session The...
Brazil extends 20% import tariffs on several chemicals as global woes keep hitting home
SAO PAULO (ICIS)--Brazil has extended for 12 more months the current import tariffs on numerous chemicals and polymers, which were hiked sharply in October 2024. Among affected products are commonly...