Industry News
Chemical Industry News
Europe MTBE prices rise in line with higher Eurobob gasoline values
LONDON (ICIS) – European methyl tertiary butyl ether (MTBE) prices rose in the week ending 22 August alongside firmer Eurobob gasoline values. The MTBE factor to gasoline was assessed at 1.15...
Rangebound September gas prices expected in Netherlands on weak demand, Norway constraints
Weaker demand compared to 2024 is expected in September Ongoing reliance on LNG, need to fill storage to cap price losses Underground storage facilities in the Netherlands were 67% full on 26 August...
French chemical distributor Safic-Alcan expands with acquisition in southeast Asia
LONDON (ICIS)--French chemical distributor Safic-Alcan has acquired Ingredients Plus, a specialty chemicals distributor in Malaysia and Singapore, it said on Wednesday. Ingredients Plus, based at...
Modelling suggests waste heat from AI data centres could power carbon capture and water purification
Analysis considering thermodynamics, economics and emissions shows how AI could flip its environmental footprint to become both water-positive and carbon-negative
German consumer confidence falls for third month; business climate ticks up but recovery remains weak
LONDON (ICIS)--Consumer confidence in Germany fell for a third consecutive month in August amid worries about jobs, income and inflation, according to the latest survey by the Nuremberg Institute for...
LNG shipping rates mostly stable as length, winter uncertainty continue
Shipping market quiet amid winter uncertainty, charterer resistance to rising rates Market is prompt-focused, with multi-month and year charters experiencing wide bid-offers Quieter deals between...
Plant status: Atmosa resumes PA output at Schwechat after maintenance
LONDON (ICIS)--Here is a plant status report: Name: Atmosa Petrochemie Location: Schwechat, Austria Product: Phthalic anhydride (PA) Capacity (tonnes/year): 50,000 Event start: 11 August 2025 Event...
Europe PA spot prices hold steady, fundamentals unchanged
LONDON (ICIS) -- European spot prices for phthalic anhydride (PA) remained stable for both grades in the week ending 22 August, reflecting limited activity due to the seasonal slowdown during summer....
Could climate change cause sharks to lose their bite?
Increasing acidification of the world’s seas puts shark’s teeth at risk
New method developed for investigating the internal structure of atoms
The ability to describe the internal structure of atoms is important not only for understanding the composition of matter, but also for designing new experiments to explore fundamental physics. Specific experiments require samples of atoms
David Malinas Appointed as New OPW President
OPW, a Dover Company, announced that it has named David Malinas as the company’s new president, effective immediately. David brings more than 20 years of operational leadership experience to his new role. He most recently
More efficient and reliable SiC devices for a greener future
Researchers at The University of Osaka have developed a novel technique to enhance the performance and reliability of silicon carbide (SiC) metal-oxide-semiconductor (MOS) devices, a key component in power electronics.This breakthrough utilizes a unique two-step
Iran invests $10bn in Chabahar petrochemicals hub – state media
SINGAPORE (ICIS)--Iran has invested around $10 billion in its emerging petrochemicals hub in the southeastern port of Chabahar, state media quoting the CEO of National Petrochemical Company (NPC)...
US epoxy resins strategy shifting amid lack of economic clarity
HOUSTON (ICIS)--US epoxy resins is likely to be stuck in a low-demand environment for the rest of the year as it grapples with economic volatility. AUGUST CONTRACTS DECREASEAugust contracts were...
AmSty plans October turnaround for US Louisiana styrene plant
HOUSTON (ICIS)--Here is a plant status report: Name: AmSty Location: St James, Louisiana, US Product: Styrene Capacity (tonnes/year): 1.05 million (site) Event start: October Event finish:...
NYMEX: US gas futures post mixed movements ahead of September expiry
Front-month US natural gas prices dropped in late session trading on 26 August as traders prepared for the September contract’s expiry amid mixed fundamental signals The September Henry Hub...
SHIPPING: Asia-US September container rate hikes pressured by weak demand
HOUSTON (ICIS)--Ocean carriers have announced rate increases for shipping containers on the Asia-US trade lane, but industry analysts expect rates to continue facing downward pressure amid soft...
CRUDE SUMMARY: Oil prices down after hitting near three-week high on Monday
General uncertainty limiting how much risk traders are willing to take on board Reiteration of US threats to impose sanctions on Russia had been supportive of prices Lack of clarity on how latest...
ICIS Economic Summary: US set for moderate growth as trade deals offer some certainty
CHARLOTTE, North Carolina (ICIS)--The last month has seen more “deals” made with additional major US trading partners. Deals have yet to be made with China, Canada, Mexico and India, but those...
US consumer confidence falls in August amid worries about jobs and income
HOUSTON (ICIS)--US consumers were less confident in August than in July amid rising worries about jobs and income, as measured by the US Conference Board’s Consumer Price Index. The index fell by...