Industry News
Chemical Industry News
ACD supports US Supreme Court ruling striking down IEEPA tariffs
NEW YORK (ICIS)--The Alliance for Chemical Distribution (ACD) has expressed support for the US Supreme Court ruling striking down the Trump administration’s tariffs under the International...
INSIGHT: US Supreme Court strikes down reciprocal tariffs. What comes next?
NEW YORK (ICIS)--The US Supreme Court in a much-anticipated ruling struck down the Trump administration’s reciprocal tariffs under the International Emergency Economic Powers Act (IEEPA) in a six...
Turkish PP extends gains on tight supply and firm outlook for March ME and CIS supply
LONDON (ICIS)--Spot prices were still moving up this week in Turkey’s polypropylene (PP) market, with some offers being hiked by $30/tonne or more on homopolymer grades. Tight CIS supply, southeast...
Danish gas-grid operator sees growing interest in Baltic Pipe bookings
Danish, international companies interested in Baltic Pipe capacity Price spreads may further incentivize exports to CEE Danish premium over Germany widened in February amid cold snap LONDON...
Brazil’s Braskem cash-burn risks rise sharply amid persistent weak petrochemicals – bank
SAO PAULO (ICIS)--Brazilian petrochemicals major Braskem’s outlook remains bleak on the back of accelerating cash burn, persistent weakness in global petrochemical spreads, and mounting uncertainty...
Moderna’s vaccine regulatory hokey-cokey
US FDA initially refused to accept flu vaccine for review, but has since reversed that decision
How will repealing the ‘endangerment finding’ hit US action on climate?
Without 2009 ruling emissions regulations on everything from cars and power stations to blast furnaces could collapse
Veronica Vaida: ‘Some Harvard faculty expressed puzzlement at having a woman colleague’
The renowned physical chemist and environmental scientist on growing up in Romania and forging her career as a woman in the US in the 1970s
New method for housane synthesis for material and drug development
When developing new drugs, one thing is particularly important: finding and producing the right molecules that can be used as active ingredients. The key elements of some drugs, such as penicillin, are small, tri- or
Machine learning solves decades-old problem in quantum chemistry
By applying new methods of machine learning in quantum chemistry research, Heidelberg University scientists have made significant strides in computational chemistry. They achieved a major breakthrough towards solving a decades-old dilemma in quantum chemistry –
Direct Recycling: Europe’s Answer to China’s Raw-Mate-rial Dominance
To reduce dependence on rising electricity prices, German households are increasingly turning to stationary battery storage systems combined with photovoltaic systems. These systems provide solar energy around the clock, relieving the burden on power grids.
Europe SAN February contract prices rise €90/tonne
LONDON (ICIS)--February contract prices have increased €90/tonne in the Europe styrene acrylonitrile (SAN) market across all grades, mainly driven by the €120/tonne styrene contract price...
Canada chem-plastics exports continue to fall in December
TORONTO (ICIS)--Canada’s exports of basic and industrial chemical, plastic and rubber products fell 18.9% year on year to Canadian dollar (C$) 3,021 million (US$2,205 million) in December,...
US state of Texas sues Dow, Braskem over years of plastic pellet pollution into coastal waterway
SAO PAULO (ICIS)--The US state of Texas has sued chemicals producers Dow, its subsidiary Union Carbide, and Braskem America, part of Brazil’s polymers major Braskem, accusing them of illegally...
Italian-German power spread widens marginally as gas rally overshadows energy decree approval
Additional reporting by Fabio Roccon Energy decree approved by Italian Council of Ministers on 18 February similar to previously circulating draft Italian power far curve prices corrected upwards on...
Geopolitical headwinds threaten IEA ‘neutrality’ as summit ends without communique
US criticism of IEA looms over summit Energy secretary threatens to quit agency if it does not reform IEA director Birol warns geopolitics increasing driver of energy policy LONDON (ICIS)--US threats...
Woodside Energy nears decision on up to eight LNG newbuild tankers
Woodside Energy could make decision for up to eight newbuild tankers soon Long-term charters to support US Louisiana LNG volumes A number of shipowners is in the mix LONDON (ICIS)--Australia’s...
UK government grants planning to Boom Power’s 238MW Fenwick solar farm
Boom Power’s 238MW Fenwick solar project with co-located battery granted planning permission on 18 February The lifetime of the project is 40 years from final commissioning and currently scheduled...
US gas futures down on strong gas production, milder temperatures
Henry Hub futures down on warmer weather and strong gas production End-February forecasts indicated above-normal temperatures for most of US Storage data shows inventories decreased to 5.6% below...
French gas imports from Spain could increase in March as regulator lifts auction restrictions
Firm Spain-France capacity auctions for March resume due to low congestion chance Imports from Spain could reduce dependence on French storage amid sendout limits PEG-PVB spreads indicate ES-FR...