Industry News
Chemical Industry News
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...
Argentina’s chemicals output still in freefall amid stickier inflation, but fiscal situation improves
SAO PAULO (ICIS)--Argentina's chemicals posted widespread output declines in December amid a broader manufacturing slump and inflation stubbornly fixed at monthly price rises of over 2%, higher than...
Hungary and Slovakia threaten to cut energy exports to Ukraine amid halt of Russian oil transit
Hungary and Slovakia threaten halt on energy exports to Ukraine Traders skeptical of likelihood, citing potential regulatory violations Lower interest in Slovak, Hungarian gas transit than via Poland...
Bulgaria-Romania gas flows surge on diverging demand, plentiful LNG
GR/BG prompt prices drop on weak power sector, plentiful LNG RO prompt remains strong on robust demand, opening up large spread BG-RO flows surge to all-time high as a result LONDON (ICIS)--Gas flows...
Italian ETS reimbursement measure unlikely to secure European Commission approval – legal experts
Legal experts say Italian ETS reimbursement measure unlikely to secure European Commission approval Selective and structural nature may conflict with EU State aid rules ICIS Analytics model suggests...
Europe styrene monthly weighted average climbs for third consecutive month in February
LONDON (ICIS)--The Europe styrene monthly weighted average spot price has been assessed higher for a third consecutive month in February. The February weighted average price was assessed at...
WEEKLY GAS OUTLOOK: Rising geopolitical risk to offset bearish gas fundamentals in week 9
LONDON (ICIS)--Market attention is set to remain split between improving weather fundamentals across much of the European continent and escalating geopolitical risk between the US and Iran in week 9....
India fertilizer interactive trade flow map January-December 2025
LONDON (ICIS)--The Indian Ministry of Commerce and Industry has released fertilizer trade data for January-December 2025. Please choose a product from the drop-down menu...
WEEKLY POWER OUTLOOK: French Week ’9 prices likely to remain bearish with higher temperatures, strong nuclear output
Additional reporting by Gemma Blundell-Doyle Strong renewable output expected across most European power markets in week 9 French nuclear availability is expected to average 51.6GW in week 9, 8.4GW...