Industry News
Chemical Industry News
MOVES: Brazil Unigel names new CEO
HOUSTON (ICIS)--Unigel has named Helena Vasconcellos Prisco Paraiso Ramos Valente as its new CEO, the Brazilian styrenics and acrylics producer said on Wednesday. She replaces Dario Costa Gaeta, who...
Brazil Petrobras considers renewable diesel plant in Sao Paulo state
HOUSTON (ICIS)--Petrobras has started the contracting process to build a plant at a refinery in Sao Paulo state that will produce sustainable aviation fuel (SAF) and renewable diesel, the Brazilian...
German chemical producer prices fall in July
LONDON (ICIS)--Chemical producer prices in Germany continued to fall in July - both year on year and month on month, according to the latest data from the country’s federal statistics office on...
N America weekly chem rail traffic rises 0.2%; investor pitches another rail merger
HOUSTON (ICIS)--Following a 1.3% decline the week before, North American chemical rail traffic rose 0.2% year on year to 49,339 railcar loadings for the week ended 16 August, according to the latest...
MARGINS: Europe PE margins rise on lower naphtha, LPG costs
LONDON (ICIS)--Margins at polyethylene (PE) plants in Europe rose week on week because of lower feedstock costs, ICIS Margin Analysis showed on Wednesday. Lower co-product credits mitigated the...
UK power October ’25 premium likely to be sustained as risks persist
UK power October ’25 Baseload prices at premium to European counterparts UK premium likely to be maintained, but outages, weather present risks ICIS Power Foresight shows net power imports could...
Europe MEK pricing stable amid seasonal low demand
LONDON (ICIS)--European spot pricing for methyl ethyl ketone (MEK) remains stable at €1,150-1,200/tonne FD (free delivered) NWE (northwest Europe). Demand remains muted on economic and seasonal...
Europe IPA pricing stable, low season limits activity
LONDON (ICIS)--European spot pricing for isopropanol (IPA) is stable across technical and premium grades. Technical grade IPA was assessed at €1,010-1,070/tonne FD (free delivered) NWE (northwest...
MARGINS: Cheaper feedstocks drive Europe MEG margins up
LONDON (ICIS)--Margins at monoethylene glycols (MEG) producers in Europe increased week on week on the back of softer feedstock costs, ICIS Margin Analysis showed on Wednesday. The rise in margins...
Plant status: Greek Ravago Monotez EPS plant in planned maintenance during August
LONDON (ICIS)--Here is a plant status report: Name: Monotez (Ravago Group) Location: Athens, Greece Product: Expandable polystyrene (EPS) Capacity (tonnes/year): 70,000 Event start: estimated 4...
Lower gas storage fullness at start of Q4 ’25 may pose supply risk in Germany
German THE Q4 ’25 risk premium over the TTF is easing as emergency alert has been downgraded, but key storage sites like Rehden face challenges Industrial gas demand recovery is stalled by high...
China issues additional export quotas for urea in third round
LONDON (ICIS)--In China, a third round of export quotas is understood to be approved for urea for around 750,000 tonnes, with the deadline for customs clearance being 15 October, several traders and...
EU provisional anti-dumping duties on ABS from South Korea and Taiwan enter into force
LONDON (ICIS)--The provisional anti-dumping duties on acrylonitrile-butadiene-styrene (ABS) imports from South Korea and Taiwan to Europe have entered into force this week, according to the...
Germany July producer prices fall 1.5% year on year, led by lower energy prices
LONDON (ICIS)--Producer prices in Germany fell 1.5% year on year in July, following a 1.3% decline in June, according to statistical data released on Wednesday. A 6.8% decline in prices for energy...
LNG spot prices fall below oil but limited signs of demand
Asian spot LNG and TTF gas prices trading below oil Weak market fundamentals suggest limited rise in spot demand Seasonal price increases expected but could be derailed LONDON (ICIS)--Spot Asia LNG...
Plant status: China’s Tangshan Zhonghao lowers adipic acid operations
SINGAPORE (ICIS)--Here is a plant status report: Name: Tangshan Zhonghao Chemical Location: Tangshan, Hebei, China Product: Adipic acid (ADA) Capacity (tonnes/year): 150,000 Event start: around 18-19...
Plant status: Taiyuan Chem shuts adipic acid lines for turnaround
SINGAPORE (ICIS)--Here is a plant status report: Name: Taiyuan Chemical New Chemical Co Location: Taiyuan, Shanxi, China Product: Adipic acid (ADA) Capacity (tonnes/year): 2 lines of 70,000 Event...
Iraq in final drive to select LNG FSRU developer
Iraq shortlists two companies for LNG import facility ADNOC, Excelerate tipped as frontrunners Ministry to issue final decision at next meeting LONDON (ICIS)—Iraq has shortlisted two companies to...
Europe’s Group I base oils domestic-export spreads widen
LONDON (ICIS)--European Group I base oils are braced for an uptick in demand, despite this week’s post-summer lackluster conditions. The price impact remains unclear given improving availability of...