Industry News
Chemical Industry News
Options being explored to address capital structure of Braskem Idesa
HOUSTON (ICIS)--The joint venture partners of Mexican polyethylene (PE) producer Braskem Idesa are discussing a wide range of options to deal with the current challenges of the company's capital...
Developer awards FEED for Mexico methanol project’s electrolyzer
HOUSTON (ICIS)--The developer of the Pacifico Mexinol net-zero emissions methanol-hydrogen project in Mexico’s Sinaloa state has awarded a front-end engineering design (FEED) contract for the...
Europe PC restocking begins after summer slowdown
LONDON (ICIS)--At least one European polycarbonate (PC) buyer has seen an uptick in orders for September, in line with expected restocking by downstream players. Order volumes typically increase in...
Ghana govt, Qatar investor to pursue $5bn ferts project
LONDON (ICIS)--The Ghanaian government has agreed a deal with Qatar-based agriculture investor Al Jedad Holdings to develop a $5 billion urea and ammonia production project, with construction...
South Korea’s July base oils output rises
SINGAPORE (ICIS)--South Korea’s base oils output rose to a one-year high in July following the completion of a protracted round of plant-maintenance work. The country’s base oils exports edged...
Brazil base oils supply hits 10-month high in July
SINGAPORE (ICIS)--Brazil’s base oils supply rose to a ten-month high in July as a surge in domestic output added to already-high base oils imports. Total supply, or domestic output and imports...
US pending home sales fall 0.4% in July, Fed rate cut would help – NAR
HOUSTON (ICIS)--US pending sales of existing homes fell 0.4% month on month in July, following a 0.8% June decline, the National Association of Realtors (NAR) reported on Thursday. In July, pending...
Europe melamine spot prices dip on subdued demand in August
LONDON (ICIS)--European melamine spot prices were assessed slightly softer this week due to weak demand conditions continuing at the end of August. Spot prices were assessed at a decrease of...
Austrian gas exports to Italy tick up; Ukraine demand may rise in September
VTP Day-ahead premium to PSV rises to seven-month high on 27 August, prompting elevated Austrian exports to Italy Czech gas storage 91% full on 27 August, potentially pressuring its Day-ahead premium...
US LNG expansion projects race to capture 2025 FID
Rio Grande next phase expected in September Sempra counts on year-end FID Engineering contract deadlines key factor in commercial timelines HOUSTON (ICIS)--Various US LNG expansion projects want to...
INSIGHT: Proposed US biofuel mandate to raise costs for fuel, oleo markets
HOUSTON (ICIS)--The new biofuel mandate proposed by the US calls for larger amounts of renewable fuel to be blended into gasoline and diesel, all while penalizing companies that import biofuels or...
Proportion of US students taking chemistry fails to keep pace with other science disciplines
Across Stem fields, chemistry had by far the lowest percentage increase in bachelor’s and PhD attainment between 1997 and 2023, data reveals
European naphtha steadies on gasoline support amid weak petrochemical demand
LONDON(ICIS)--European open-spec naphtha spot quotations firmed this week as easing Brent crude values were offset by steady prompt-month crack spread despite the physical demand staying under...
US POET acquires Green Plains’ Tennessee ethanol plant
HOUSTON (ICIS)--US biofuels producer POET has agreed to acquire Green Plains’ ethanol plant at Rives, Tennessee for $190 million in cash, the companies said in separate statements. POET said the...
China’s sulphur port inventories down 21,000 tonnes on more trading
SINGAPORE (ICIS)--China’s sulphur port inventories fell to around 2.374 million tonnes on 28 August, because of active trading in domestic market. ICIS data showed. This marks a decrease of 21,000...
30-year-old solar panels still going strong
Reliabilities of modules manufactured in the late 1980s and early 1990s provide design lessons for modern photovoltaics
Four dead after nitrogen leak at pharma factory in India
Incident at Medley Pharmaceuticals’ Boisar–Tarapur plant leaves two others in a serious condition
Tool backed by Apple will help electronics manufacturers swap out unsafe chemicals
Manufacturers of chemical cleaners and degreasers for electronics will have registry of safer, more sustainable chemicals to use in their products
Asahi Kasei to double production capacity for photosensitive polyimide PIMEL by 2030
Asahi Kasei will increase PIMEL™ photosensitive polyimide (PSPI) production capacity at its Fuji City facility in Shizuoka Prefecture, Japan. PSPI is a key material for the global electronics industry, mainly used for buffer coatings and passivation layers in
Chinese scientists develop high-performance iron catalyst for fuel cells
Proton exchange membrane fuel cells (PEMFCs), often referred to as "hydrogen power banks," are clean energy devices that generate electricity from hydrogen and oxygen with only water as a byproduct. Characterized by high efficiency, rapid