Industry News
Chemical Industry News
US PCE price inflation accelerates to 0.4% monthly pace in February
HOUSTON (ICIS)--US inflation, as measured by the personal consumption expenditures (PCE) price index, rose 0.4% month on month in February, up from 0.3% in January, the US Bureau of Economic Analysis...
European melamine spot rally pauses amid resistance to higher import prices from China
LONDON (ICIS)--The European melamine spot price rally paused after four weeks of consecutive increases due to some resistance to high China import prices. Supply expected to remain snug in the...
LNG Weekly Market Report: Gas prices fall but market awaits clarity on Hormuz, Qatari volumes
OUTLOOK The market awaits updates on expected US-Iran peace talks this weekend for signals on the status of the Strait of Hormuz and any extension of a fragile two-week ceasefire into a peace deal....
Plant status: Indorama Poland FM to continue despite PET plants restarting
LONDON (ICIS)--Here is a plant status report: Name: Indorama Ventures Wloclawek Location: Wloclawek, Poland Product: PET Capacity (tonnes/year): 230,000 Event start: 2 March 2026 Event finish:...
GAS ALERT: Ukraine targets 14.6bcm of gas in storage before next heating season
LONDON (ICIS)--The Ukrainian government has set a target of 14.6 billion cubic meters (bcm) of gas to be held in storage by the start of the next heating season, with a minimum threshold of 13.2bcm....
Plant status: Indorama to keep Lithuania PET FM amid feedstock uncertainty
LONDON (ICIS)--Here is a plant status report: Name: UAB Orion Global Location: Klaipeda, Lithuania Product: PET Capacity (tonnes/year): 263,000 Event start: Early 2026 Event finish: Unknown Reason:...
HYDRO MONTHLY: French and Italian water reservoirs could cushion Q2 power prices from bullish sentiment
LONDON (ICIS)--Italian and French water reservoirs could cushion power prices from bullish sentiment through the remainder of the second quarter amid abundant snowpack in the Alps and early snowmelt,...
US natural gas futures fall on lack of bullish demand signals
Henry Hub futures trend lower as heating demand dwindles US LNG feedgas demand decreased week on week Storage data shows inventories rose to 4.8% above five-year average HOUSTON (ICIS)—US natural...
Ceasefire unlikely to end container shipping disruptions, surging rates – analyst
HOUSTON (ICIS)--The two-week ceasefire in the US-Iran war is unlikely to see container shipping operations through the Strait of Hormuz return to pre-conflict conditions, keeping upward pressure on...
Spain’s chemicals 2025 sales flat, disinvestment risks grow on energy costs – Feique
SAO PAULO (ICIS)--Spain's chemicals sector - including pharmaceuticals - closed 2025 with revenues of €85.4 billion, broadly flat year on year, as production growth of 1.3% was offset by a 1.6%...
European jet fuel market set to stay tight as supply risks persist despite ceasefire
LONDON (ICIS)--Europe’s jet fuel market is expected to remain structurally tight in the near term, with elevated prices and refining margins likely to persist as supply disruption linked to the...
PODCAST: Middle East chemicals will take 12-18 months to return to normal
BARCELONA (ICIS)--Even if the current shaky ceasefire becomes permanent, the complexities of repairing and restarting chemical plants means that global markets will have to wait 12-18 months for...
Germany production falls in February, Middle East conflict weighs on outlook
LONDON (ICIS)--After stagnating in January, Germany’s overall production from industry, energy and construction fell 0.3% month on month in February as Europe’s largest economy struggled even...
UK’s 800MW Springwell solar farm and battery storage granted development consent
UK government granted planning consent to the 800MW Springwell solar farm and battery storage project on 8 April The project is planned to supply electricity to the grid from 2029, meaning it could...
BBL looks to offer full-year Britain-to-Netherlands pipeline capacity in shift away from seasonal status
BBL pipeline operator launches consultation on full-year Britain-Netherlands export capacity Low demand for British winter pipeline imports from EU drives reduction in available capacities offered by...
US chemists worried by chilling effects of Trump’s second term
Researchers are concerned about funding cuts and self-censorship
Aphrodite partnership signs agreement to sell all gas volumes to Egypt’s EGAS
Aphrodite gas field developers sign term sheet with Egypt’s EGAS Contractual prices linked to Brent with floor and ceiling Binding agreements expected to be finalised in coming weeks LONDON...
China’s DAP port inventories plunge by 110,000 tonnes as cargoes move inland
SINGAPORE (ICIS)--China’s diammonium phosphate (DAP) port inventories were around 20,000 tonnes on 9 April, as most cargoes were withdrawn from the ports to domestic distribution, ICIS data showed....
US Q4 GDP growth estimate reduced to 0.5%
HOUSTON (ICIS)--The growth in US real GDP in the 2025 fourth quarter was slower than initially expected. In a third and final estimate, the US Bureau of Economic Analysis (BEA) lowered its Q4 GDP...
GAS ALERT: Italian Parliament approves controversial energy decree
MILAN (ICIS)--The Italian Parliament concluded the conversion of the government's energy decree into permanent law on 8 April. The Senate approved the document, already licensed by the Chamber of...