Industry News
Chemical Industry News
Supreme Court ruling on IEEPA tariffs could lead to surge in US import demand – analyst
HOUSTON (ICIS)—The US Supreme Court struck down on Friday the Trump administration’s reciprocal tariffs under the International Emergency Economic Powers Act (IEEPA), which could lead to a surge...
Europe PS February contract prices rise €120/tonne, aligned with styrene movement
LONDON (ICIS)--February contract prices have increased €120/tonne in the European polystyrene (PS) market, driven by the same movement from the upstream styrene contract price. Distribution prices...
CRUDE SUMMARY: Crude prices on track for weekly gain amid heightened US-Iran tensions
Supply disruption concerns increasing on tension between US, Iran Hungary, Slovakia search for oil following halt of Russian crude flows through Druzhba pipeline US oil rig count unchanged at 409 -...
Europe EPS contract prices increase €120/tonne for February, in line with feedstock styrene
LONDON (ICIS)--February contract prices have increased €120/tonne in the European expandable polystyrene (EPS) market, driven by the same movement for the upstream styrene contract price. Weak...
Europe ABS February contract prices increase €85/tonne, on feedstock gains
LONDON (ICIS)--February ABS contract prices have increased €85/tonne, driven by the €120/tonne styrene contract price increase for February, and the €17/tonne increase for secondary...
Plant status: Repsol plans Tarragona, Spain BD maintenance in April – sources
LONDON (ICIS)--Here is a plant status report: Name: Repsol Location: Tarragona, Spain Products: Butadiene (BD) Capacity (tonnes/year): 120,000 Event start: April Event finish: Q2 Reason: Planned...
US core PCE inflation accelerates to 3.0% pace in December
HOUSTON (ICIS)--US inflation, as measured by the “core” personal consumption expenditures (PCE) price index, accelerated to a 3.0% year on year pace in December, from 2.8% in November, the Bureau...
US AdvanSix expects continued raw material headwinds in H1
HOUSTON (ICIS)--AdvanSix expects raw material costs to remain a headwind, particularly in the first half of the year, amid significantly higher sulphur and natural gas prices, executives of the...
US Supreme Court tariff ruling unlikely to impact trade deals
US Supreme Court rules IEEPA-based tariffs invalid Trade deals, including those that involve purchases of US energy, agreed after tariff announcements unlikely to be impacted This includes deals for...
US new home sales fall 1.1% in 2025 amid high mortgage rates
HOUSTON (ICIS)--Sales of new single-family houses in the US fell 1.1% to an estimated 679,000 in 2025, according to Census Bureau data released on Friday. Stubbornly high mortgage rates, cooling...
GAS ALERT: Montoir capacity limitations shortened by one month, now ending 1 March
LONDON (ICIS)-- The duration of capacity constraints in the French grid limiting sendout from the Montoir LNG terminal has been shortened by one month, now set to end on 1 March according to a new...
Fitch downgrades Olin credit rating one notch to BB+ with negative outlook
NEW YORK (ICIS)--Fitch Ratings has downgraded US-based Olin’s overall credit rating by one notch to BB+ from BBB- with a negative outlook. “The downgrade reflects Olin’s prolonged earnings...
ICIS POWER INSIGHT WEEK 8 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 8. FBMC WEEKLY: Low temperatures, strong precipitation...
Chemours eyes continued TiO2 pricing strength in 2026
HOUSTON (ICIS)--Chemours saw pricing stability in its Titanium Technologies (TT) segment between the 2025 Q3 and Q4, “laying the groundwork for continued pricing strength in 2026”, CEO Denise...
ExxonMobil raises EHC 45 base oil price amid tighter availability, firmer 4cSt
HOUSTON (ICIS)--ExxonMobil is raising the price of its Group II+ EHC 45 by 25 cents/gal, effective 20 February, sources confirmed. EHC 45 is the only price adjustment being made by the refiner. The...
Colombia faces rate hikes on rising inflation, despite Q4 sharp slowdown – analysts
SAO PAULO (ICIS)--Colombia's central bank looks set to press ahead with further interest rate increases to fend off rising inflation and despite a sharp economic slowdown in Q4, analysts said this...
German energy minister frames strategic gas reserve idea as extreme-scenario tool
Additional reporting by Eduardo Escajadillo German energy minister floats strategic gas reserve for "extreme scenarios", insists on strict market separation to avoid price distortions Discussions...
US AdvanSix reduces Hopewell ammonia turnaround to critical work
HOUSTON (ICIS)--AdvanSix has adjusted its planned turnaround schedule for 2026, reducing the scope at its Hopewell ammonia unit in Virginia to focus on critical maintenance and compliance areas,...
Chemours announces closure of French site
HOUSTON (ICIS)--Chemours on Friday announced the closure of its Villers-Saint-Paul site, north of Paris, France. The decision to close the site comes amid a review of Chemours’ European assets that...
Chemours restarts West Virginia fluoropolymer plant after outage
HOUSTON (ICIS)--Chemours has restarted production at its Washington Works fluoropolymer solutions plant at Parkersburg, West Virginia, following an outage in January, the top executives of the...