Industry News
Chemical Industry News
Global base oils exports to Africa stay lower in June
SINGAPORE (ICIS)--Global base oils exports to key markets in Africa held close to a nine-month low in June amid a simultaneous dip in supplies from US and Europe. A pick-up in shipments from other...
Europe PX contract price for August remains elusive, softer Asian market to weigh on talks
LONDON (ICIS)--The European paraxylene (PX) contract price for August remains to be seen amid falling prices in the influential Asian PX market this month, despite a slight uptick during the week....
CropEnergies to miss profit outlook due to low ethanol prices
LONDON (ICIS)--German ethanol producer CropEnergies is expected to miss its full-year fiscal 2025/26 operating earnings outlook “significantly”, parent company Sudzucker said in an update. The...
Europe methanol spot prices continue uptrend, in most active trading week of Q3 so far
LONDON (ICIS)--European methanol spot prices climbed by 4% this week, marking the fourth consecutive week of gains. The uptick comes as trading activity resumes following the summer lull, with...
Plant status: LyondellBasell puts Poland Plock HDPE in force majeure
LONDON (ICIS)--Here is a plant status report: Name: LyondellBasell Orlen Location: Plock, Poland Product: High density polyethylene (HDPE) Capacity (tonnes/year): 320,000 Event start: 20 August 2025...
Novonor still in talks with Tanure over sale of Braskem stake
HOUSTON (ICIS)--Novonor is still in talks with Nelson Tanure's investment fund Petroquimica Verde over the possible sale of its stake in Braskem, even though the 90-day exclusivity period has passed,...
French manufacturing business climate stable in August
LONDON (ICIS)--The business climate in France’s manufacturing sector remained stable month on month in August although it worsened marginally in the chemical industry, according to survey results...
US Fed signals rate cut despite tariff uncertainty, chemical stocks jump
NEW YORK (ICIS)--US Federal Reserve chair Jerome Powell signaled an upcoming interest rate cut in his highly anticipated speech at Jackson Hole, Wyoming, sending economically sensitive stocks such as...
WEEKLY GAS OUTLOOK: European gas markets brace for second wave of planned Norwegian maintenance
FRANKFURT (ICIS) --European prompt gas prices may find support in Week 35, driven by lower renewable generation in northwestern Europe and curtailed Norwegian flows, while storage injections continue...
Dow confirms Mura Hydro-PRT facility at Bohlen site will not proceed
LONDON (ICIS)--Dow has confirmed the Mura plastic recycling facility at Dow’s Bohlen site in Germany has been shelved, less than two years after the project’s announcement in September 2023. A...
ICIS GAS INSIGHT WEEK 34 NEWS IN BRIEF
This news summary was generated via Ask ICIS LONDON (ICIS)--Please find below a short summary of the key gas stories ICIS published in week 34. Poland's Orlen increases gas reserves, aims to produce...
ICIS POWER INSIGHT WEEK 34 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 34. Milder temperatures, recovering hydro and nuclear...
Moroccan ammonia imports down by 7% year on year in H1 2025
LONDON (ICIS)--Morocco imported 7% less ammonia in the first half of 2025 compared with the same period the previous year, according to customs data. The US was the top exporter of ammonia to...
PODCAST: Asia biodiesel, glycerine markets navigate mixed signals
LONDON (ICIS)--A mix of regulatory changes, market fundamentals and global economic factors is transforming the Asian biodiesel and glycerine markets. In this latest podcast, Asia biodiesel editor...
WEEKLY POWER OUTLOOK: German Week ’35 prices likely to remain supported on low solar and wind production
Low solar production anticipated in week 35 in most European countries German wind production is also set to be below norms next week The UK and German Week ’35 contracts gained the most week on...
Munich startup turns plastic waste into valuable chemicals
While only a fraction of plastic waste is recycled worldwide, the Munich-based start-up Radical Dot has developed an innovative solution that could change this. Founded in 2024, the company has developed a new type of
Innovative battery technology from Mülheim
The Mülheim-based deep tech start-up Minerva Carbon has received around 1.8 million euros in funding from the EXIST program of the German Federal Ministry for Economic Affairs and Energy. The project was initiated by Abdu
Ure’s steam bath
A heating device from a fan of heated disputes
Magnets could be simple way to enhance oxygen generation on a mission to Mars
Strategy sets free gas that normally gets trapped on electrodes in microgravity during water splitting
New class of antifungals show potent effects against priority pathogens
Coniotins, found in another fungus, is effective against drug-resistant pathogenic fungi