Industry News
Chemical Industry News
Formal sign off agreed on Swiss participation in EU research programmes
Switzerland is once more officially part of Horizon Europe, Digital Europe and Euratom research and training programmes
PODCAST: Moldova defies crises, prepares for gas market competition, EU coupling
LONDON (ICIS)--Transmission capacity on the Romanian-Moldovan border was overbid at quarterly auctions held in November as traders have been competing to sell gas to Moldova this winter. Only five...
ICIS TTF Early Day assessments: 12 November 2025
- UK-based chemical company INEOS has signed a TTF-linked supply deal with US-based producer Kinetik Holdings for around 0.5mtpa starting 2027. The deal is based on TTF netback pricing mechanism....
S Korea’s Lotte Chemical estimates completion of Yulchon plant in H2 2026
SINGAPORE (ICIS)--Lotte Chemical has scheduled mechanical completion of its Yulchon Industrial Complex advanced materials plant for the second half of 2026, the South Korean firm said. The industrial...
China’s Yunnan Petrochemical to start site maintenance from 15 Nov
SINGAPORE (ICIS)--PetroChina subsidiary Yunnan Petrochemical will carry out a site maintenance for about two months starting 15 November, the company said in a statement. The company mainly operates...
Germany’s Brenntag Q3 net profit falls in challenging market
SINGAPORE (ICIS)--Brenntag's Q3 net profit fell by 4.3% year on year to €113.1 million amid continued challenging market conditions, the German chemical distributor said on Wednesday. The...
Taiwan’s Chang Chun orders gas turbine from Mitsubishi Power for Miaoli plant
SINGAPORE (ICIS)--Taiwan’s Chang Chun Petrochemical has ordered an H-25 gas turbine from Japan’s Mitsubishi Power as part of the conversion of its boilers at its Miaoli plant in north-central...
China average BDO plants’ run rate up on plant restart
SINGAPORE (ICIS)--The average run rate of butanediol (BDO) plants in China rose as Sinopec Great Wall restarted BDO plant and Inner Mongolia Sanwei resumed normal operation. Sichuan Yongying shut...
Revvity to Acquire ACD/Labs
Revvity, Inc. announced it has entered into a definitive agreement to acquire ACD/Labs, a global provider of scientific software solutions that support analytical characterization and molecular design across pharmaceutical and material sciences end markets. This
A breakthrough in laser cooling: trapping of a stable molecule with deep ultraviolet light
Researchers from the Department of Molecular Physics at the Fritz Haber Institute have demonstrated the first magneto-optical trap of a stable ‘closed-shell’ molecule: aluminum monofluoride (AlF). They were able to cool AlF with lasers and
DRYplatform Launches: Battery Research Gains Lighthouse Infrastructure
Fraunhofer Institute for Material and Beam Technology IWS officially inaugurated DRYplatform on November 3, 2025, during the Dry Coating Forum. Guests witnessed the ceremonial ribbon-cutting, while nearly 200 experts, about 80 percent from industry, had
S Arabia Chemanol Q3 net loss widens on lower sales volumes
SINGAPORE (ICIS)--Methanol Chemicals Co (Chemanol)'s Q3 net loss widened on the back of lower sales volumes and average product prices, the Saudi Arabia-based producer said on 11 November. in Saudi...
Oman’s Al Baleed, IGC sign natural gas agreement for Salalah petchem complex
SINGAPORE (ICIS)--Al Baleed Petrochemical has signed an agreement to receive natural gas from state gas firm Integrated Gas Company (IGC) for its petrochemicals complex currently under development in...
S Arabia’s Sadara Chem Q3 net loss widens on poor sales volumes, prices
SINGAPORE (ICIS)--Sadara Chemical's Q3 net loss widened on the back of lower sales volumes, Sadara Basic Services said in a stock exchange filing on 11 November on behalf of its parent firm. in Saudi...
SE Asia PE pipe import prices stable to soft on deals and offers
SINGAPORE (ICIS)--Polyethylene (PE) pipe grade import price discussions in southeast Asia were stable to soft in the current week, reflecting deals and offers. In Vietnam, deals and offers for black...
China PE pipe prices softer, reflecting deals and offers
SINGAPORE (ICIS)--Polyethylene (PE) pipe grade import prices in China were softer during the current week, reflecting deals and offers. In the China import market, deals and offers for PE pipe black...
Thailand’s IVL to invest $20m in rPET JV with Jiaren Chemical Recycling
SINGAPORE (ICIS)--Thailand-listed polyester major Indorama Ventures Ltd (IVL) is establishing a joint venture with Jiaren Chemical Recycling that will see IVL taking a stake in the Chinese firm's...
NYMEX: Henry Hub front month settles at multiyear high
Front-month US natural gas futures closed at the highest point in more than three years on 11 November amid hints that cooler-than-average weather would return as US LNG feedgas demand hit new...
Brazil’s Braskem shares shoot up on Novonor stake potential sale, Q3 financials still woeful
SAO PAULO (ICIS)--Braskem’s third-quarter financial metrics continued to suffer, year on year, as the Brazilian polymers major was still hit by the years-long downturn in polymers, but its share...
US Oct auto sales fall to lowest seasonally adjusted rate in 15 months as EV sales plunge
HOUSTON (ICIS)--Sales of new light vehicles in October fell to the lowest level in 15 months, pressured lower by a steep decline in sales of battery electric vehicles (BEVs) following the end of EV...