Industry News
Chemical Industry News
Europe MPGI consumption on a rising trend
LONDON (ICIS)--Demand for European industrial grade monopropylene glycol (MPGI) used in de-icing applications has strengthened in recent weeks, a trend that is expected to underpin overall...
MARGINS: Europe PE margins up despite rising feedstock, gas costs
LONDON (ICIS)--Margins at polyethylene (PE) plants in Europe increased week on week due to higher product and co-product pricing, ICIS Margin Analysis showed on Monday. The increases were mitigated...
Urea price increase catches market off guard
LONDON (ICIS)--Persistent demand from the US, renewed activity from traders for Europe and Australia along with short covering for India and talk of another import tender have boosted urea prices to...
European naphtha under pressure as weak spot demand offsets firmer forwards
LONDON (ICIS)--European open‑spec naphtha spot prices came under renewed pressure as weak physical demand, soft petrochemical margins and fading gasoline support outweighed firmer paper activity,...
India turns to Saudi Arabia, Morocco and Russia for DAP in Jan-Nov as China steps back
LONDON (ICIS)--India’s diammonium phosphate (DAP) imports rose by 50% in January-November 2025 year on year. The only major supplier of DAP that saw a decrease of exports to India was China, which...
India’s urea imports hit 9.1m tonnes on surging local demand
LONDON (ICIS)--In India, urea imports jumped up 88% in January-November 2025 to nearly 9.1 million tonnes compared to over 4.8 million tonnes in the same period of 2024, according to customs data, as...
GAS ALERT: Uniper releases cushion gas at Etzel ESE storage site
LONDON (ICIS)--Uniper Energy Storage said on 26 January it has temporarily released technically required gas, otherwise known as cushion gas, at its Etzel ESE storage site, lifting the facility’s...
MARGINS: Higher gas, upstream costs drive Europe MEG margins down
LONDON (ICIS)--Margins at monoethylene glycols (MEG) plants in Europe declined week on week due to more costly feedstocks and energy, ICIS Margin Analysis showed on Monday. Dutch TTF gas prices in...
Europe DEG, TEG spot prices down on soft demand
LONDON (ICIS)--Prices in the European diethylene glycol (DEG) and triethylene glycol (TEG) spot markets were stable to soft in the week ending 23 January as demand is lackluster. DEG truck values...
Stable copper superatom breaks carbon dioxide electroreduction records
Highly efficient nanoclusters can form fuels and basic chemicals such as ethylene, ethanol and acetic acid
Tronox to close China TiO2 plant on poor economics
HOUSTON (ICIS)--Tronox plans to close its 46,000 tonne/year titanium dioxide (TiO2) plant in Fuzhou, China because of weak domestic demand and rising costs, particularly for key feedstock sulphur....
Greece-Ukraine monthly gas transport capacity again fails to sell
Negligible volume allocated along routes 1/2/3 for February Tariffs remain too high, traders maintain Demand from Ukraine also notably absent LONDON (ICIS)--Monthly auctions held on Monday morning...
Moroccan ammonia imports drop 6% year on year in January-November
LONDON (ICIS)--Morocco imported 6% less ammonia in January-November year on year compared with the same period the previous year, according to customs data. The US was the top exporter of ammonia to...
Europe MMA stable amid sluggish January restocking demand
LONDON (ICIS)--The Europe methyl methacrylate (MMA) market saw spot prices remain stable in the week to 23 January. Activity on the spot market was sluggish, with underlying demand still weak with no...
Europe styrene monthly weighted average climbs for second consecutive month in January
LONDON (ICIS)--The Europe styrene monthly weighted average spot price has been assessed increasing for a second-consecutive month in January. The January weighted average price was assessed at...
MARGINS: Europe cracker contract margins down on higher feedstock, gas costs
LONDON (ICIS)--Cracker contract margins in Europe dropped week on week on the back of higher feedstock and energy costs, ICIS Margin Analysis showed on Monday. Dutch TTF gas prices in Europe posted...
Europe’s mixed xylenes market healthy
LONDON (ICIS)--The European mixed xylenes (MX) spot premium range over Eurobob gasoline rose in the week ending 23 January. This increase was on the back of seasonal restocking, which has caused...
Europe MPG spot prices maintain upward momentum
LONDON (ICIS)--European monopropylene glycol industrial grade (MPG) spot prices continued to rise at both ends of the range in the week ending 23 January. Some buyers were said to have accepted...
Mexico implements Circular Economy Law, sets gradual EPR rollout
SAO PAULO (ICIS)--Mexico has enacted its first nationwide Circular Economy Law establishing binding principles for circular design, waste reduction and Extended Producer Responsibility (EPR) across...
GAS ALERT: Council of the EU signs off Russian gas phaseout deal
LONDON (ICIS)--The EU member states formally adopted an agreement to end imports of Russian gas and LNG into the bloc on 26 January. The deal, reached by negotiators on 3 December, and rubber stamped...