Industry News
Chemical Industry News
Plant status: Brunei Methanol Company extends maintenance due to gas supply issue
SINGAPORE (ICIS)--Here is a plant status report: Name: Brunei Methanol Company (BMC) Location: Sungai Liang Industrial Park, Brunei Product: Methanol Capacity (tonnes/year): 850,000 Event start:...
S Korea 1-10 Jun PX exports up 67.1% on month
SINGAPORE (ICIS)--South Korea paraxylene (PX) exports during 1-10 June were up 67.1% month on month to 122,074 tonnes, according to market sources. 8,764 tonnes of PX were loaded during the period to...
Plant status: China’s Guangxi Huayi shuts No 1 acetic acid plant
SINGAPORE (ICIS)--Here is a plant status report: Name: Guangxi Huayi Energy Chemical Location: Qinzhou, Guangxi, China Product: Acetic acid Capacity (tonnes/year): 500,000 Event start: 11 June Event...
INSIGHT: Improving supply amid poor demand weighs on Asia petrochemicals
SINGAPORE (ICIS)--Asia’s petrochemical markets are experiencing a profound structural clash, in which eroding downstream demand against the backdrop of swelling regional inventories are pulling...
S Korea isomer MX export prices climb on stronger crude market
SINGAPORE (ICIS)--Spot export prices for South Korea-origin isomer-grade mixed xylenes (MX) moved higher on 10 June, tracking gains in upstream crude oil markets, market sources said. Trading...
Oil rises by more than $2/bbl on further US strikes on Iran
SINGAPORE (ICIS)--Oil prices rose by more than $2/barrel in early trade on Thursday following additional US military strikes on Iran, with a warning from US President Donald Trump that Tehran would...
AI identifies scientific novelty
A research team from Forschungszentrum Jülich has won the international “Metascience Novelty Indicators Challenge”. The scientists at Jülich Systems Analysis developed a method that enables artificial intelligence to assess the novelty of scientific publications –
Sasol is investing €60 million in Brunsbüttel
Sasol International Chemicals announced a €60 million investment at its Brunsbüttel site to expand its advanced materials and specialty chemicals capabilities, reinforcing the company’s position as a leading global supplier of high‑performance aluminas and related
US gasoline supplies increase as refinery run rates rise
HOUSTON (ICIS)--US gasoline supplies rose during the week ended 5 June, as refinery run rates increased. Gasoline stocks increased week on week, according to the US Energy Information Administration...
NYMEX: US natural gas futures edge up on increased cooling demand
Front-month US natural gas futures gained on 10 June on increased weather-driven power burn The July 2026 Henry Hub contract on NYMEX settled at $3.185/MMBtu, up nearly 1.4% from the previous session...
CRUDE SUMMARY: Oil prices rise sharply in afternoon session after Trump issues warning to Iran
President Trump’s message via Truth Social led to bump in prices Prices had remained steady earlier in the day despite news of Iranian and US fighting Both inventory reporting agencies suggest...
INSIGHT: Group III base oil drought hits hardest in US
HOUSTON (ICIS)--Summer driving season is underway, and the US Group III base oil market is poised to learn how exposed it is during potentially the worst supply disruption the market has seen. Global...
Plant status: Chevron has June maintenance at US Pascagoula Group II base oils site
NEW YORK (ICIS)--Here is a plant status report: Name: Chevron Location: Pascagoula, Mississippi, US Product: Group II base oils Capacity (bbl/year): 23,992 (1,199,600 tonnes/year) Event start: June...
N America chemical rail traffic rises for sixth week, but US off 1.8%
HOUSTON (ICIS)--North American chemical railcar loadings rose for a sixth consecutive week, with a 7.5% increase in Canada more than offsetting declines in the US (-1.8%) and Mexico (-5.0%),...
North American chemicals warn against tariffs within USMCA bloc as treaty review looms
SAO PAULO (ICIS)--The chemical trade groups of the US, Canada, and Mexico called on their governments to hold the line on tariff-free trade within the North American bloc and provide legal certainty...
Click chemistry marks 25 years & covalent bonding in the actinides
Click chemistry: it’s in the name. How has this unique discipline made its mark over the last quarter decade? And, we discuss new experimental evidence of how covalent bonding works in the actinides.
Outgoing US National Academy of Sciences head warns of ‘turmoil’ in her final State of Science address
NAS president addresses research funding worries, the need to revamp the promotion and tenure system and how AI can help
Surprising oxidising power of carbon dioxide freed by photochemistry
Iron-based photocatalyst enabled a range of useful organic molecules to be synthesised from alkenes
How far will EU push for fairer trade with China?
Strengthening rules on pharmaceutical and chemical trade could protect critical industries
INSIGHT: Chinese inventories drive increase in net exports of olefin derivatives by over 2 million tonnes in April
LONDON (ICIS)--The latest trade data underlines how significant Chinese product flows have been in offsetting lost chemicals supply in Asia, as the country moves to a net export position for olefins...