Industry News
Chemical Industry News
Canadian firm opens rare earth magnet plant in Estonia
TORONTO (ICIS)--Canadian company Neo Performance Materials (Neo) on Monday, 22 September, officially opened a new permanent magnet manufacturing facility at Narva in northeast Estonia, at the border...
EU Deforestation Regulation to be delayed by another year
LONDON (ICIS)--The European Commission has decided to propose a second delay to the implementation of the European Union Deforestation Regulation (EUDR) by a year, primarily due to concerns about the...
Muted demand; competition weigh on Europe epoxy prices in September
LONDON (ICIS)--There are signs of downward pressure for Europe epoxy prices in September, amid subdued market conditions and competitive pressure, although some rollovers are also in the mix....
Downstream expansions fuel 65% surge in India’s sulphur imports in Jan-July
LONDON(ICIS)--Sulphur imports into India surged by 65% year-on-year in the first seven months of 2025, driven by downstream capacity expansions. The commissioning of new sulphur-burning units and...
Dutch power Q4 ’25 prices likely to remain below German counterpart
Additional reporting by Eduardo Escajadillo Dutch power Q4 ’25 contract switched to a discount to the German counterpart on 19 September A trader told ICIS they expect the Dutch contract to remain...
MOVES: Swiss Gurit appoints new CFO
LONDON (ICIS)--Swiss advanced composite materials company Gurit has appointed Viktor Bernhardt as its new CFO, effective 1 December. Bernhardt succeeds Javier Perez-Freije, who will leave Gurit in...
Ethiopia’s urea imports increase as financing improves
LONDON (ICIS)--Ethiopian imports of urea increased by more than 70% to 867,679 tonnes in January-August from 508,929 tonnes in the same period of 2024, according to customs data. The increase has...
Serbia to sign three-year gas supply deal with Russia’s Gazprom in October
Serbia will sign a three-year deal for 2.5bcm/year with Russia’s Gazprom in October Contract “burdened” by the recent sanctions announced by the European Commission against Russia Serbia has no...
Is UK pharma really ‘uninvestable’?
Merck & Co, AstraZeneca (AZ) and Eli Lilly pulling UK projects highlights the precarious position of the country’s life sciences industry
Titanium dioxide loses EU carcinogen label after court ruling
EU products no longer have to carry warnings about cancer risk from inhalation
One-pot atom swap chemistry allows direct indole-to-benzimidazole conversion
Industrial chemists set to benefit from addition to skeletal editing toolbox
Chief Financial Officer Maike Schuh departs Evonik
After ten years at Evonik, Maike Schuh is leaving the company at her own request. A trained lawyer, Schuh had been a member of the Executive Board since April 2023, responsible for the finance department.
Spin-off “AERO MATERIALS” launches with nanomaterials
With a material that consists of more than 99.9 percent air, the new start-up "AERO MATERIALS" aims to optimize technical motion sequences and air pressure systems. The extremely lightweight material was developed over a decade
Boron replaces metal: Element forms complexes with olefins
The team led by chemistry professor Holger Braunschweig at the University of Würzburg is investigating the ‘metal-mimetic’ properties of main group elements such as boron. They have shown that under certain conditions, boron can mimic
Sluggish uptake of Taiwan rPET feedstock to continue
SINGAPORE (ICIS)--Spot buying of post-consumer bottle bales, used as feedstock for recycled polyethylene terephthalate (rPET), is expected to remain weak in Taiwan due to various factors. Taiwan...
Singapore’s A*STAR partners with Amogy for ammonia-to-power technologies
SINGAPORE (ICIS)--US-based clean technology provider Amogy on Tuesday said that it has signed an agreement with Singapore's Agency for Science, Technology and Research (A*STAR) to collaborate on the...
Asian rPET exporters face stalled discussions with US buyers
SINGAPORE (ICIS)--Asian producers of recycled polyethylene terephthalate (rPET) have halted or delayed majority of exports bound to the US amid the imposition of tariffs. Exporters to the US, mainly...
Plant status: China’s Sinopec Mitsui Chemicals restarts its BPA plant
SINGAPORE (ICIS)--Here is a plant status report: Name: Sinopec Mitsui Chemicals Location: Caojing, Shanghai, China Product: Bisphenol A (BPA) Capacity (tonnes/year): 120,000 Event start: 9 September...
Plant status: Thailand AGC Vinythai to shut ECH plant in Nov
SINGAPORE (ICIS)--Here is a plant status report: Name: AGC Vinythai Location: Map Ta Phut, Thailand Product: Epichlorohydrin (ECH) Capacity (tonnes/year): 120,000 Event start: 1 November 2025 Event...
ExxonMobil starts up new base stocks facilities in Singapore
SINGAPORE (ICIS)--ExxonMobil has started up new facilities at its Singapore complex that will increase Group II base stocks production capacity by 20,000 barrels/day, the oil major said on Tuesday....