Industry News
Chemical Industry News
Mexico’s higher import tariffs ‘not anti-China’ but to support local industry – Sheinbaum
SAO PAULO (ICIS)--Mexican President Claudia Sheinbaum defended the package of higher import tariffs approved by Congress this week, stressing that the measures are aimed at strengthening domestic...
INSIGHT: Argentina’s economy running at two speeds as Milei marks two years in office
SAO PAULO (ICIS)--Argentina enters the final stretch of 2025 with a set of economic signals that capture the complexity and fragility of President Javier Milei’s aim to turn around the beleaguered...
Canada Q3 manufacturing plant utilization at 77.8%, chemicals at 74.7%
TORONTO (ICIS)--Canadian manufacturing capacity utilization was at 77.8% in Q3 - up sequentially from Q2 but flat year on year, according to data from federal agency Statistics Canada (StatCan) on...
Brazil’s Unigel near brink after poor Q3 as auditor raises ‘significant doubt’ on continuity
SAO PAULO (ICIS)--Unigel continued hemorrhaging money in Q3 with a steep drop in revenue and negative earnings and net income, underscoring the severity of the Brazilian chemicals producer’s...
ICIS POWER INSIGHT WEEK 50 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 50. YEAR IN REVIEW: Fall in gas prices and rise in solar...
European acetone prices stable in more balanced market
LONDON (ICIS)--European acetone truck spot prices were unchanged this week but activity was starting to slide as year-end approached. There were suggestions by some sellers the market was more...
GAS ALERT: DET fails to allocate slots in latest Wilhelmshaven LNG auctions
LONDON (ICIS)--None of the remaining 27 regasification slots at Germany’s Wilhelmshaven terminals were booked in the latest capacity auction on 9-10 December, operator DET said. The capacities for...
US ethylene output fell in September as margins contracted
HOUSTON (ICIS)--The daily rate of US ethylene production from steam crackers declined in September, according to data from Worley Consulting, formerly Advisian. Total ethylene production also fell,...
ICIS GAS INSIGHT WEEK 50 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 50. ICIS EXPLAINS: Russia's quest to reach gas markets from...
Plant status: Suncor’s Montreal sulfur plant down for 15 weeks of maintenance
TORONTO (ICIS)--Here is a plant status report: Name: Suncor Location: Montreal, Canada Product: sulfur Capacity (tonnes/day): 235 Event start: 11 December 2025 Expected duration: 15 weeks Reason:...
MOVES: Chemical distributor IMCD sets CFO succession
LONDON (ICIS)--IMCD has nominated Floris Lagerwerf to become its new CFO in January 2027, when current CFO Hans Kooijmans will retire, the Netherlands-based international chemicals distributor said...
WEEKLY GAS OUTLOOK: Mild temperatures to continue weighing on demand
LONDON (ICIS)--A mild European temperature outlook is expected to continue to weigh on demand into week 51. However, some support may come from the power sector, with wind speeds expected to be well...
US FTC sues to block Henkel’s deal for adhesives producer Liquid Nails
HOUSTON (ICIS)--The US Federal Trade Commission (FTC) has brought a lawsuit to block Germany-based adhesives major Henkel from acquiring Liquid Nails for $725 million from private equity firm...
Higher feedstock costs outweighed by low demand in Europe PC negotiations
LONDON (ICIS)--Price talks for European polycarbonate (PC) deliveries in 2026 are being influenced by higher feedstock bisphenol A (BPA) costs, but low demand and year-end destocking are holding back...
Europe ethylene and propylene December spot markets muted, little sign of life for January
LONDON (ICIS)--December ethylene and propylene spot markets in Europe are not surprisingly very subdued, but with some sellers still keen to clear out excess volumes, a few opportunistic spot...
Plant status: S Korea’s S-Oil to restart No 1 RFCC unit in H2 Dec – sources
SINGAPORE (ICIS)--Here is a plant status report: Name: S-Oil Corp Location: Onsan, South Korea Product: Propylene Capacity (tonnes/year): 210,000 Event start: 12 December 2025 Event finish: H2...
HYDROGEN: Updated PCI and PMI list offers pathway to reduced power volatility and lower hydrogen prices
Projects on lists receive planning priority and can bid for funding Infrastructure projects include a range of volatility-reducing assets, such as pumped hydro Hydrogen and ammonia projects could...
China’s average PX plants’ run rate flat; ZPC to cut operations
SINGAPORE (ICIS)--China’s para-xylene (PX) plants posted an unchanged average operating rate due to stable operations at domestic units. In the week ended 12 December, the plants’ average run...
Legislators provisionally agree ELVR with new vehicle recycled content targets
LONDON (ICIS)--The European Council and European Parliament have reached a provisional agreement on the proposed End of life Vehicle Regulation (ELVR) which will introduce mandatory recycled plastic...
China’s average PTA plants’ run rate to rise in late Dec
SINGAPORE (ICIS)--China’s purified terephthalic acid (PTA) plants are expected to post a higher average operating rate in late December from current 74%, due to the planned restarts of three units....