Industry News
Chemical Industry News
Global base oils cargo flows: Week of 15 September
SINGAPORE (ICIS)--Several more cargoes load from Taiwan in recent days. Shipments sustain high Group II base oils exports from Taiwan in recent months. Singapore takes delivery in past week of large...
Global base oils arb outlook: Week of 15 September
SINGAPORE (ICIS)--United Arab Emirates' (UAE's) imported Group I SN 500 price extends rise relative to prices in Europe and Asia in H1 September 2025. Source: ICIS UAE SN 500 price-strength reflects...
US urea imports decline in July on tariff uncertainty, global weakness
LONDON (ICIS)--In the US, urea imports declined 28% in July to 118,088 tonnes compared to 163,732 tonnes in July 2024, according to customs data. July is typically a slow month for imports due to it...
These flexible fuel cells still work after being pierced with toothpicks and cut into pieces
Power sources made from cotton yarn could power new wearable electronics
Indian chemist dies after methanol inhalation incident
Preliminary investigation highlights lack of protective equipment
Photocatalytic process converts carbon dioxide into ethylene with 99% selectivity
New process uses light and gold nanoparticles to hydrogenate carbon dioxide into key chemical feedstock
Sugar to make soles of sneakers: Start-up towards a fossil-free alternative at industrial scale
Dutch biotech company Mevaldi B.V. has closed a funding round with High-Tech Gründerfonds (HTGF) and ICIG Ventures, the venture capital unit of International Chemical Investors Group (ICIG). This investment will enable Mevaldi to further scale
Europe invests in the future of fusion energy
Proxima Fusion announced an extension to its Series A round with new funding from CDP Venture Capital (Cassa Depositi e Prestiti Group), Italy’s largest venture capital operator, the European Innovation Council Fund (EICF), and Brevan
Prussian Blue breaks out of its cubic mold after 300 years
For the first time in more than three centuries, Prussian Blue – long confined to its rigid cubic shape – has been transformed into an octahedral structure. A research team led by Prof. Changshin Jo
China’s August phenol, acetone combined output rises 4.42% month on month
SINGAPORE (ICIS)--China’s combined output of phenol and acetone were up by 4.42% month on month to 736,370 tonnes in August 2025, due to Zhenhai Refining & Chemical (ZRCC)’ new unit,...
India polyester GST cut seen boosting manmade fiber demand, funding
MUMBAI (ICIS)--India’s decision to reduce its goods and services tax (GST) on polyester products to 5% from its earlier 12–18% is expected to stimulate downstream consumption and attract fresh...
China Aug industrial output growth slows to 5.2%
SINGAPORE (ICIS)--China’s industrial output expanded by 5.2% year on year in August, slowing from 5.7% in July and hitting the lowest since August last year, data from the National Bureau of...
China BPA average plant run rate inches down to 72.2% on plant shutdowns
SINGAPORE (ICIS)--China’s bisphenol A (BPA) plants posted an average run rate at 72.2% in the week ended 12 September 2025, down by 0.3 percentage points from the last reporting period, ICIS data...
China’s average run rate of PO plants edges down to 68.5% on plant shutdown
SINGAPORE (ICIS)--China’s propylene oxide (PO) plants posted an average run rate at 68.5% in the week ended 12 September 2025, down by 0.5 percentage points from the last reporting period, ICIS...
INSIGHT: September sentiment bearish for Asia petchems, turnarounds offer some support
SINGAPORE (ICIS)--The majority of petrochemical product prices are forecast to decrease in September, facing pressure from the expected drop in crude and naphtha prices. On the other hand, there...
Trade shifts in chemical markets expected amid US tariffs, India ADD
SINGAPORE (ICIS)--Trade flows in petrochemical markets, notably for polyethylene terephthalate (PET) and polyvinyl chloride (PVC), are expected to shift amid geopolitical tensions and long-standing...
INTERVIEW: Africa faces global LNG oversupply, basin competition
Mozambique LNG expected to resume by year-end Africa to bridge Atlantic and Pacific but risks remain FIDs, Nigeria, US mid-term all moving changes SINGAPORE (ICIS)--Europe pivoting away from Russian...
USDA increases corn production to 16.8 billion bushels in September WASDE
HOUSTON (ICIS)--The fresh outlook from the US Department of Agriculture (USDA) for corn includes greater production with larger exports, while for soybeans the projections are for increased output...
SHIPPING: Asia-US container rates rise as carriers shift vessels ahead of USTR port fees
HOUSTON (ICIS)--Rates for shipping containers from Asia to the US rose again this week and an analyst thinks it could be because of carriers swapping out Chinese-built vessels before new port fees...
Mexico’s chemicals, industrial output falls while cabinet aims to up protectionism
SAO PAULO (ICIS)--Mexico's chemicals and industrial production fell in July both month on month and year on year, while automotive output remained in the doldrums in August, with output up just...