Industry News
Chemical Industry News
Dow mulls 1-2 year delay for Path2Zero cracker project in Canada
HOUSTON (ICIS)--Dow is considering a one to two year delay for resuming work on its net-zero integrated polyethylene (PE) project in Canada, a schedule that would correspond to when ICIS expects the...
Dow sees positive set-up for US PE increase for September – CEO
NEW YORK (ICIS)--Market fundamentals are setting up for a potential price increase for US polyethylene (PE) in September, the CEO of Dow said. “Volume has been OK. I don’t want to characterize it...
CRUDE SUMMARY: Crude prices fall on bearish IEA supply report and weak US employment data
IEA predicts almost 2 million barrels/day supply glut in 2025 Contrasts with OPEC data outlining balanced market in 2025 and 2026 US weekly initial job losses up sharply last week as labor market...
German ALTANA expects no sales growth in 2025
LONDON (ICIS)--German specialty chemicals producer ALTANA has trimmed its 2025 sales outlook. Instead of the previously expected mid-single-digit percentage growth, the company now expects sales to...
European melamine spot prices soften on import pressure, slow demand
LONDON (ICIS)--European melamine spot prices declined this week as the market continues to be pressured by competitive imports from China mainly, according to sources this week. Spot prices were...
Asia’s July lube demand rises
SINGAPORE (ICIS)--Asia’s lube demand rose in July for the first time in three months as firmer consumption in India and South Korea outweighed shrinking demand in markets like Thailand. Higher lube...
Rising storage volumes weigh on US gas futures
Cooler-than-average temperatures over last two weeks reduced gas demand Storage surplus rises to 6% above five-year average, per EIA data LNG feedgas demand slips on partial, unexpected outages...
US July base oil exports to Europe stay low
SINGAPORE (ICIS)--US base oils exports to Europe stayed low in July, curbing the pace of any build-up of surplus premium-grade supplies at a time when regional demand faced a seasonal slowdown. Total...
USA BioEnergy advances on SAF project in Texas
HOUSTON (ICIS)--Renewable fuels project developer USA BioEnergy is advancing on its planned sustainable aviation fuel (SAF) facility in Texas. The company has selected Johnson Matthey (JM) and...
German government unconcerned about Rehden missing gas storage target
No capacity allocated in last-chance 9 September auction BMWE sees no need for intervention despite potential to miss 1 November target Some market participants warn of cold winter risks as others...
Olin seeks immediate price increases for North America epoxy resins
HOUSTON (ICIS)--Olin is seeking price increases on its liquid epoxy resins (LER) and solid epoxy resins (SER) in North America, effective immediately, according to market sources. The company is...
Plant status: Planned maintenance underway at Naphtachimie Lavera, France cracker – off for rest of year
LONDON (ICIS)--Here is a plant status report: Name: Naphtachimie Location: Lavera, France Products: Ethylene, propylene, butadiene Capacity (tonnes/year): 740,000 (ethylene), 515,000 (propylene),...
Europe TDI September contract prices assessed higher
LONDON (ICIS)--Toluene diisocyanate (TDI) contract prices for September were assessed at increases from the previous month. Final prices assessed were consistent with absolute numbers received from...
ScottishPower withdraws from UK renewable hydrogen projects despite HAR subsidy
LONDON (ICIS)-- UK energy company ScottishPower has halted development of renewable hydrogen projects, despite having secured subsidies for two projects from the UK government's first Hydrogen...
US CPI inflation higher than expected, but soft jobs market points to rate cut – ICIS economist
HOUSTON (ICIS)--US inflation, as measured by the consumer price index (CPI), rose 0.4% month on month in August, accelerating from 0.2% in July, the US Bureau of Labor Statistics (BLS) reported on...
UK biofuels production collapsing in face of cheap imports
Bioethanol plants closing after US tariffs removed, while biodiesel faces competition from China
Why has the EU banned a key chemical in gel nail products?
Trimethylbenzoyl diphenylphosphine oxide is a photo-initiator used to harden nail polish under UV light
Permit for the construction and operation of a lithium plant at Industriepark Höchst granted
District President Prof. Dr. Jan Hilligardt officially handed over the approval documents for the construction and operation of an industrial-scale central lithium plant (CLP) to the managing directors of Vulcan Energie Ressourcen GmbH, Thorsten Weimann
When Magnets Cannot Agree: Quantum mechanics deciphers iron catalyst
Catalysts are indispensable for the large-scale production of many chemicals, as they accelerate chemical reactions. Some of them contain metal atoms such as iron as key building blocks. The electrons of each individual iron atom
International Research Team Unlocks the Power of Passivation for Perovskite Silicon Tandem Solar Cells
An international research team of photovoltaics scientists has taken a crucial step toward the industrialization of perovskite silicon tandem solar cells. They demonstrated that passivation of the perovskite top cell is possible in combination with