Industry News
Chemical Industry News
ICIS TTF Early Day assessments: 14 November 2025
- Germany’s state-controlled SEFE signalled that it could exit its offtake contract with Russia’s Yamal LNG project citing force majeure clause as part of the 19th European sanctions package -...
China acetic acid prices rebound on low run rates; supply support to wane
SINGAPORE (ICIS)--China’s acetic acid prices either stabilized or rebounded in the week amid frequent plant outages, but supply-side support will gradually wane with plants restarting from...
China PET export talks halt declines amid stronger PTA prices
SINGAPORE (ICIS)--Declines in China’s polyethylene terephthalate (PET) export talks halted during the week on the back of stronger feedstock purified terephthalic acid (PTA) prices, although buying...
Trade shifts to weigh on 2026 global GDP growth – Moody’s
SINGAPORE (ICIS)--Moody’s expects global GDP growth for 2026-2027 to hover between 2.5-2.6%, slightly weaker than an estimated 2.6% expansion pace in 2025, and the actual growth of 2.9% in 2024,...
Limited room for upside risk on the French power Q1 ’26 contract – traders
Traders expect limited upside risk on the French Q1 '26 Baseload Weather, nuclear and hydro to drive the contract but downside more likely Gas, carbon markets likely to maintain support on UK, German...
Plant status: S Korea’s Taekwang ACN operating at 85% for Nov
SINGAPORE (ICIS)--Here is a plant status report: Name: Taekwang Industrial Location: Ulsan, South Korea Product: Acrylonitrile (ACN) Capacity (tonnes/year): 290,000 Event start: 1 November 2025 Event...
Plant status: Taiwan’s FPC ACN operating at 85% for Nov
SINGAPORE (ICIS)--Here is a plant status report: Name: Formosa Plastics Corp (FPC) Location: Mailiao, Taiwan Product: Acrylonitrile (ACN) Capacity (tonnes/year): 280,000 Event start: 1 November 2025...
INSIGHT: European naphtha and gasoline cracks above seasonal norms as sanctions and maintenance strain supply
LONDON (ICIS)--European gasoline and naphtha cracks have been above seasonal norms in October with the strength expected to continue in November, as reduced light-end output from regional refiners...
Canada’s second LNG project on “fast-track”, PM says
SINGAPORE (ICIS)--Canadian Prime Minister Mark Carney named Ksi Lisims LNG in British Columbia for fast-track status on 13 November local time. The project with a nameplate capacity of 12mtpa...
Pakistan reaches deal with Qatar to divert long-term LNG supply in 2026
QatarEnergy agrees to divert LNG supply from Pakistan Pakistan diverts further volumes on the back of weak demand, high costs Role of LNG uncertain as power generation, weak economy add pressure...
Henry Hub’s autumn run-up brings front month to multi-year high
US gas benchmark's December contract nears 3-year high LNG feedgas demand has risen 10% in four weeks, per Criterion data Domestic production barely keeping pace with LNG industry expansion HOUSTON...
MEGlobal’s Dec MEG ACP falls by $20/tonne
SINGAPORE (ICIS)--MEGlobal has nominated its December 2025 monoethylene glycol (MEG) Asian Contract Price (ACP) at $610/tonne, a company source said. The December nomination is $20/tonne lower from...
Sustainability flame retardant solutions: economic alternatives to TCPP for polyurethanes
Tris(chloroisopropyl) phosphate (TCPP) effectively protects mattresses, upholstered furniture, and thermal insulation in buildings from flammability. However, it can be released during use and is suspected of being carcinogenic and harmful to reproduction. Fraunhofer LBF is
New recharge-to-recycle reactor turns battery waste into new lithium feedstock
As global electric vehicle adoption accelerates, end-of-life battery packs are quickly becoming a major waste stream. Lithium is costly to mine and refine, and most current recycling methods are energy- and chemical-intensive, often producing lithium
China industrial output grows 4.9% in Oct, slowest in over a year
SINGAPORE (ICIS)--China’s industrial output increased by 4.9% year on year in October, the slowest since August 2024, data from the National Bureau of Statistics (NBS) showed on Friday....
East, south Asia LAB markets mired in year-end lull
SINGAPORE (ICIS)--The linear alkylbenzene (LAB) markets in east and south Asia are seeing a tapering of demand, as the year-end lull has arrived. Slower demand to persist into new year Players’...
China October acetic acid output falls on intensive maintenance
SINGAPORE (ICIS)--China’s overall production of acetic acid in October continued to drop as three plants in east China were shut for maintenance. However, these turnarounds were digested by market...
East China acetone inventories up by 34% to 31,500 tonnes
SINGAPORE (ICIS)--Acetone inventories at Jiangsu ports in east China have increased to 31,500 tonnes in the week ended 14 November, ICIS data showed on Friday. The inventories were up by 34% from...
China’s Sinochem Quanzhou refinery unit catches fire, 7 people injured
SINGAPORE (ICIS)--A fire broke out at a refinery unit of Sinochem Quanzhou Petrochemical in southern China on 13 November, injuring seven people. The blaze occurred at around 16:30 local time (08:30...
Isomer MX S Korea export prices edge down on upstream, downstream drops
SINGAPORE (ICIS)--Isomer grade mixed xylenes (MX) spot prices edge down on 13 November day on day, reflecting overnight upstream losses and slight declines in downstream paraxylene (PX). According to...